legislation Archives | Controlled Air, Inc.

Energy Efficiency Funding

Controlled Air Inc. — Tue, 19 Feb 2013 23:27:35 +0000

This is just a quick summary of some funding available in energy efficiency for both large scale and small scale projects:

C-PACE

Connecticut Property Assessed Clean Energy (C-PACE) is an innovative program that is helping commercial, industrial and multi-family property owners access affordable, long-term financing for smart energy upgrades to their buildings.

C-PACE allows building owners to finance qualifying energy efficiency and clean energy improvements through placing a voluntary assessment on their property tax bill. Property owners pay for the improvements over time through this additional charge on their property tax bill and the repayment obligation transfers automatically to the next owner if the property is sold. Similar to a sewer tax assessment, capital provided under the C-PACE program is secured by a lien on the property, so low-interest capital can be raised from the private sector with no government financing required.
Read More: http://www.c-pace.com/

Commercial Solar Hot Water RFP, Incentives and Financing

The Clean Energy Finance and Investment Authority offers incentives, through designated participating contractors, to any customer of Connecticut Light & Power or The United Illuminating Company who wishes to install solar hot water systems. Click here for the incentive process guidelines.

CEFIA is providing incentives and financing to support Commercial Solar Hot Water projects through a competitive Request for Proposal (RFP) process. This is the fifth round and final round of solicitations under the current program launched in April 2012. The “funds available” (below) reflect changes in project awards from previous rounds.
Read More About Solar Thermal Incentives

Federal Tax Relief

Extension of renewable energy incentives, the R&E tax credit and other business incentives: The agreement extends tax relief for businesses through the end of next year. This means extending the Production Tax Credit, a key incentive for renewable energy , as well as the Research & Experimentation tax credit. In addition, the agreement extends 50 percent bonus depreciation, a cost-effective temporary measure to support investment and growth. All of these would be extended through the end of 2013.

SunShot Incubator Program (Round 8)

Funding: Up to $12M Total
Close Date: 04/30/2013
Funding Organization: SunShot Initiative
Funding Number: DE-FOA-0000838

Summary:

The SunShot Incubator Program is an aggressive pay for performance program focused on helping solar startups rapidly refine and commercialize promising, proven technologies and ideas. The program seeks to accelerate the commercialization of solar energy products and solutions that dramatically lower the cost of solar power.

This round of the SunShot Incubator Program is for both hardware and non-hardware solutions that reduce the cost of systems that convert solar energy into electric potential.

The SunShot Incubator program consists of five (5) tiers (divided between hardware and non-hardware) to which applications may be submitted.

What is happening with Energy Efficient Funding?

Controlled Air Inc. — Sat, 19 Feb 2011 01:57:02 +0000

It is confusing at best trying to keep up with all the new legislation that is going on in the government. Some things say they are trying to increase spending and funding for energy efficiency and the next cutting it. Currently there are a few major items that are being decided on that will have a major impact on what happens with energy efficiency funding in the future.

The Good:
The President has put in a request for 29.5 bil budget request for the DOE and EERE(Energy Efficiency and Renewable Energy) program. This increase would strengthen renewable energy resources, boost clean energy research, and cut expenses to pursue the goal of 80% clean energy sources by 2035. The budget includes large increases for EERE programs including, 135% increase for geothermal technology, 115% increase for building technologies, 88% increase for solar energy, and a 61% increase for wind. The weatherization spending would increase by 52%. The new budget would also promote renewable energy and energy efficient with $300 million in credit subsidies.

The president also set a new initiative to cut energy use by 20% in commercial buildings by 2020. In order to fund these changes he is suggesting a series of incentives that will encourage private sector investment. Additionally, it launches DOE’s “Race to Green” grant competition program to provide retrofit loan guarantees that will focus on universities and hospitals. furthermore there will be a larger tax incentive for retro-fitting.

If this passes it could help get you funding for retro-fitting your business, but this budget is still subject to congressional approval.

The Bad:
The House of Representatives are proposing some large cuts throughout the government in order to reducing spending. Some of these cuts include a $899 Mil cut to Energy Efficiency and Renewable Energy, $1.6 B cut to the EPA, $1.4 B to the Loan Guarantee Authority, and $7.4 Mil cut to EPA Energy Star Program, as well as many others. What these cuts will mean to us is still to be determined, but it may undermine some of these funding increases to help retro-fitting.

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Changes in 2011 for Incentives & Rebates

Controlled Air Inc. — Sat, 19 Feb 2011 01:56:04 +0000

Changes in 2011 for Incentives & Rebates

With the Economy being what it is, Connecticut made some changes to the rebates and incentives available for green energy funding. Also the utilities made some changes as well. We do our best to stay up to date about all these so that we can make recommendations to get you the most out of the available funding. There have been a lot of changes, but I will just mention a few of the most important at the moment.
First of all, if you have any plans to do energy efficient upgrades do it soon! I know many of you might be waiting for the upswing in the economy, but as of 2012 they are reducing the funding by 35% and it is available on a first come first serve basis. Also 50% of the funding for 2011, has already been allocated. You don’t want to lose your opportunity to receive this funding because you hesitated too long. Another important aspect of receiving funding is you always want to talk to a CL & P or UI representative before beginning any part of the project. We can help you with this and have contacts at both utilities. You will not get considered for any funding if any part of the project has been started. Even if what has been started is not directly related it is possible to lose the opportunity. So don’t take any chances. Here are a few contacts at the UI and you can always contact us.

UI Contacts
. New Construction (ECB): Roy W. Haller (203) 499-2025
. Cool Choice: Michelle LeMoine (203) 499-5828
. Retrofit (EO): Roy W. Haller (203) 499-2025
. Express Lighting: Roy W. Haller (203) 499-5828
. Small Business: Dennis O’Connor (203) 499-3715
. Financing: Roy W. Haller (203) 499-2025
. O&M Services: Marissa Westbrook (203) 499-3314
. Load Response: Rick Rosa (203) 499-2632
. Residential Programs: Chris Ehlert (203) 499-2965
. Natural Gas Programs: Roy W. Haller (203) 499-2025
. UI Account Managers

If you have time and are considering this funding for the future, please write your legislators. Tell them they this funding is important for our economy and for the environment. If enough people write then maybe we can get the legislation changed and that 35% back.

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