29 Nov '12, 5pm

Connecticut Colleges Sharing $1 Million Energy Efficiency Loan: New program aims to advance energy efficiency

Connecticut’s Clean Energy Finance and Investment Authority (CEFIA) announced that it is lending $1 million for “Campus Efficiency Now,” a new program aimed at advancing energy efficiency and promoting cleaner, cheaper and more reliable energy for Connecticut’s independent colleges. The “Campus Efficiency Now” program will enable the participating colleges to move forward with energy saving measures with no upfront funding by the college. Thus, the schools will be able to take action in spite of challenging budgetary times. CEFIA will loan up to $1 million to support the installation of energy efficiency upgrades. These funds will be repaid by participating Connecticut Conference of Independent Colleges (CCIC) member schools via savings generated by the projects under a 5-year energy savings agreement. The initial program partners see this as a chance to expand the proven ...

Full article: http://www.edcmag.com/articles/94804-connecticut-colleges...

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