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CDFA’s Municipal Energy Reduction Fund is available to help municipalities improve the energy efficiency of their municipal buildings, street lighting, water and sewer treatment facilities, and where appropriate, electrical distribution systems. The goal is to reduce energy usage and costs.
CDFA was awarded $1.5 million in funding from the Greenhouse Gas Emissions Reduction Fund, through the New Hampshire Public Utilities Commission to capitalize a revolving loan fund, the Municipal Energy Reduction Fund, to finance energy improvements to municipal facilities and activities.
Loans to municipalities will be structured out of energy savings. The savings will be calculated based on the last several years of energy usage and several years of future projected usage. The terms of the loans will be flexible and can be structured as a service contract if desired by the town.
CDFA will encourage applicants to leverage other funding sources into a project, including those offered through utility rebate and loan programs.
The program will be available to finance improvements to the overall energy efficiency performance of a municipality’s buildings, thereby lowering the overall energy costs and the associated carbon emissions. These activities will include, but are not limited to:
- Improvements to the buildings envelope including air sealing and insulation in the walls, attics, and foundations;
- Improvements to HVAC equipment inside conditioned space;
- Installation of sealed combustion, high efficiency condensing boilers with AFUE>97% Hydronic Systems or other high efficiency systems; and
- Installation of alternative energy sources.
CDFA is currently accepting applications from New Hampshire Municipalities through our online grants management system for funding through the Municipal Energy Reduction Fund. Prior to accessing the online system, you will need a User ID and Password. If you have not registered already to receive a User ID and Password, please register here.
For the overview of another one of our Energy Reduction Programs, the Enterprise Energy Fund for businesses and nonprofits, click here.
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Last updated July 28, 2010
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