CEFIA Press Releases

Rocky Hill, Conn., May 22, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) is pleased to announce that Thomaston Savings Bank has partnered with CEFIA on the Smart-E Loan product. Smart-E loans provide homeowners an affordable way to finance a wide range of clean energy improvements installed by local energy contractors – including renewable energy, energy efficiency and fuel conversions – many of which offer households immediate net savings. Thomaston is community financial institution with 13 locations in 9 towns across Central and Northwestern Connecticut.

Rocky Hill Conn., May 20, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) is pleased to announce that Naugatuck Savings Bank has partnered with CEFIA on the Smart-E Loan product. Smart-E loans provide homeowners an affordable way to finance a wide range of clean energy improvements installed by local energy contractors – including renewable energy, energy efficiency and fuel conversions – many of which offer households immediate net savings. Naugatuck is community-focused bank with 19 branches in 13 towns across Central Connecticut and the Greater Naugatuck Valley and is the fifth local, Connecticut-based lending participant in Smart-E.

Rocky Hill Conn., April 30, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) is pleased to announce that Nutmeg State Federal Credit Union has partnered with CEFIA on the Smart-E Loan product. Smart-E loans provide homeowners an affordable way to finance a wide range of clean energy technology installations by local energy contractors – including renewable energy, energy efficiency and fuel conversions – many of which offer households immediate net savings. Nutmeg State FCU is a community-focused credit union with branches in Hartford County, a footprint in Hartford and Middlesex Counties, and membership that extends throughout Central Connecticut.

Rocky Hill Conn., April 15, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) is pleased to announce that Patriot National Bank has partnered with CEFIA on the Smart-E Loan product. Smart-E loans provide homeowners an affordable way to finance a wide range of clean energy improvements installed by local energy contractors – including renewable energy, energy efficiency and fuel conversions – many of which offer households immediate net savings. Patriot is community-focused bank with ten branch locations in Fairfield and New Haven Counties, and joins CorePlus and Eastern Savings Bank as the third lender in the state to offer the Smart-E Loan product.

Rocky Hill, Conn., March 18, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) announces an innovative loan product to make solar PV more accessible to Connecticut homeowners. The loan product, the CT Solar Loan, is the first of its kind, built specifically for residential solar. The CT Solar Loan, in a pilot phase, will provide an opportunity for homeowners to own solar PV with a small down payment and low monthly loan payments. This is the newest residential financing product offered under the State’s Energize Connecticut initiative, which is intended to help consumers save money and use clean energy.

Rocky Hill, Conn., February 28, 2013 - The Clean Energy Finance and Investment Authority (CEFIA) is pleased to announce that CorePlus Federal Credit Union is the first lending institution to partner with CEFIA on the Smart-E Loan pilot, launching this April.

Rocky Hill, Conn., January 31, 2012 — The Clean Energy Finance and Investment Authority (CEFIA) announced today a competition for $1M in low-cost capital for financial innovators who can deliver the most solar photovoltaic (PV) electricity to CT homeowners without the use of state subsidies. The Capital Competition Request for Proposals (RFP) seeks to support a financial strategy that maximizes the amount of new residential rooftop PV systems deployed per dollar of CEFIA investment. This effort is part of the Energize Connecticut initiative, which is intended to help consumers save money and use clean energy.

Rocky Hill, Conn., January 24, 2013 – The Clean Energy Finance and Investment Authority (CEFIA) announced today the launch of the Commercial and Industrial Property Assessed Clean Energy (C-PACE) Program, a new financial product to support building owners seeking low-cost, long-term, upfront financing for clean energy upgrades.

Rocky Hill, Conn., January 17, 2013— In less than five months, Solarize Connecticut (Program) drove twice as much adoption of residential solar in four pilot communities as those towns had seen in the last seven years. The Clean Energy Finance and Investment Authority (CEFIA), The John Merck Fund, and SmartPower partnered to develop this innovative program that leverages community outreach to simplify the process of installing solar and the power of group purchasing to deliver discounts on the cost of a typical solar installation. Solarize Connecticut is part of the Energize Connecticut initiative which is intended to help consumers save money and use clean energy.

Rocky Hill, Conn., January 2, 2013— The Clean Energy Finance and Investment Authority (CEFIA) released a Request for Proposals (RFP) for its Anaerobic Digestion Pilot Program (AD Program). Pursuant to Section 103 of Public Act 11-80, CEFIA is charged with administering a three-year, $6M Pilot Program. The total funding allocated for all selected Projects under this competitive solicitation is $2M.