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Energy Efficiency Programs Supporting Connecticut's Agricultural Business

Discover energy-saving opportunities for your agricultural business through Connecticut's Energy Efficiency Programs. This initiative, a partnership between the Energy Efficiency Fund, the Clean Energy Finance and Investment Authority (CEFIA), and local utilities, aims to help farmers save money while adopting clean energy practices. Programs like the Small Business Energy Advantage (SBEA) offer no-cost audits, financial incentives, and financing options, making it easier to improve energy efficiency. Learn how you can reduce costs, lower greenhouse gas emissions, and enhance your agricultural business today.

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Energy Efficiency Programs Supporting Connecticut's Agricultural Business

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  1. Energy Efficiency Programs for Your AG Business Randy Vagnini Connecticut Light & Power & Yankee Gas

  2. Energize Connecticut • State’s new branding initiative to help consumers save money and use clean, affordable energy. • A partnership of the Energy Efficiency Fund, the Clean Energy Finance and Investment Authority(CEFIA), and local electric and gas utilities • Energy efficiency is a valuable resource: • Reduces air pollutants and greenhouse gases • Saves customers money • Reduces need for more energy generation • Creates jobs

  3. Program Funding & Administration • Electric customers pay 3 mils** per kilowatt-hour. Additional revenue streams are ISO’s Forward Capacity Market, plus Regional Greenhouse Gas Initiative (RGGI), plus Class III RECs • Natural gas programs are funded through gas utility bills and approved by the Public Utilities Regulatory Authority ** Oct 31 DEEP Draft Decision - expanded funding up to another 3 mils

  4. Small Business Energy Advantage (SBEA) • Turnkey energy-saving services • Cost-effective energy savings

  5. Who is Eligible to Participate? • Existing Commercial and Industrial customers with an average 12-month peak demand between 10 kW (kilowatts) and 200 kW • A municipal / governmental agency facility that meets the above criteria

  6. How Does the Program Work? • CL&P or UI confirms your eligibility • You are contacted by an authorized contractor • SBEA contractor conducts “No Cost” audit • SBEA contractor submits proposal

  7. The Proposal • All possible energy-efficiency measures • Complete costs and estimated energy savings • Available SBEA program incentives • Your financing options

  8. Your Project • Project starts approximately 30 days after contract is signed • Option to pay nothing up front • Program incentives offset costs • Interest-free financing available for qualifying customerson your electric bill by CL&P or UI

  9. Financial Incentives • Up to 35% of installed cost of standard lighting • Up to 40% of installed cost of high performance lighting (LED & induction) • Up to 40% of installed cost of non-lighting measures • Comprehensive Initiative – Lesser of: • Up to 50% of installed cost, or • Energy savings up to 0.50/kWh or $1,500/kW

  10. Financing

  11. Success Story Savings: $5,600 annually 31,913 kWh annually 395,816 kWh lifetime Equivalent to 47 homes provided with electricity for one year Fish Family Farm Total cost: $35,933 Incentive: - (16,171 ) Net cost: = $19,762 Estimated payback time: 3.5 years Net monthly savings: $491.50

  12. Contacts • Small Business Program OversightCL&P: Randy Vagnini (860) 665-4753UI: Dennis O’Connor (203) 499-3715 • Financing QuestionsCL&P: Anne Marie Jensen (860) 665-4760UI: Roy Haller (203) 499-2025

  13. QUESTIONS? Thank you! 1-877-WISE-USE EnergizeCT.com

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