Low Interest Loans for Customer-Side Distributed Resources
Long-term financing is available to retail end-use customers for the installation of customer-side distributed resources. Customer-side distributed resources are defined as "(A) the generation of electricity from a unit with a rating of not more than sixty-five megawatts on the premises of a retail end user within the transmission and distribution system including, but not limited to, fuel cells, photovoltaic systems or small wind turbines, or (B) a reduction in the demand for electricity on the premises of a retail end user in the distribution system through methods of conservation and load management, including, but not limited to, peak reduction systems and demand response systems." Interest rates are fixed and will be determined at the time the application is approved by Banc of America. Loans will be collateralized by way of equipment, or other collateral or credit enhancements required by Banc of America. Contact: Connecticut Department of Public Utility Control, 10 Franklin Square, New Britain, CT 06051; 860-827-2811; Fax: 860-827-2613; http://www.state.ct.us/DPUC/dg.htm
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