Home > News > New Hampshire Building Energy Conservation Initiative (BECI)
New Hampshire Building Energy Conservation Initiative (BECI)
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Name |
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New Hampshire Building Energy Conservation Initiative (BECI) |
Status |
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Active |
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Funding Mechanism |
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Loan fund |
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Duration |
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1999 - 2019 |
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Objectives |
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To provide financing for the construction and implementation of building improvements |
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Sponsors |
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New Hampshire State |
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Eligible Sectors |
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State Agencies |
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Eligible Projects/Technologies |
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Lighting and lighting controls, an energy management system, heating, ventilation, and air conditioning controls, new motors and drives and new windows |
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Fund Endowment |
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US $25 million – a line of credit to be utilized over a period of 3 years is available to State agencies to implement energy and resource efficient building improvements. |
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Terms |
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-Funding Instruments |
Loans |
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-Interest Rates |
3.85% |
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-Payback |
10 years |
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-Size |
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-Collateral |
Energy Equipment & Projected Energy Savings (over ten years) |
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-Share of loan in project cost |
35.1% to date |
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-Loan criteria |
All Cost Must be repaid by Energy cost Savings |
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Comments |
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Sources |
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BECI |
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| Contact Information |
BECI Program Manager 603-271-2698 |
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