Combined Heat & Power (CHP) Projects - Pilot Program
The purpose of the Combined Heat & Power (CHP) RFP is to solicit Project Applications from eligible entities working with experienced renewable energy developers (Applicants). There will be a strong emphasis on evaluating the financial feasibility of each proposed installation (Project) as well as the Applicant’s ability to complete construction of the Project in a timely manner. Applications for this RFP will only be accepted during the timeframe specified in this RFP, Section 2.
RFP Release: June 18, 2012
Closing Date for Accepting Applications: September 28, 2012, by 5:00 p.m. EST
Combined Heat & Power (CHP) technologies are eligible for either a grant, loan or power purchase incentive under this RFP. This RFP is a financial support program for new renewable energy generating equipment at commercial, industrial and institutional facilities in Connecticut. Through this RFP, CEFIA will offer financial support to help finance the cost of CHP equipment for energy generating Projects in the development phase that have not yet commenced the construction phase. The level of support for individual awards is not a fixed amount based on size or cost; it will vary based on the specific technology, efficiency and economics of the installation. The intent of the financial support is to enable Project owners to achieve a reasonable “payback” during the life of the Project, with a fair and reasonable return on investment, compared with purchasing the equivalent amount of power from the utility.
Links to Important Information
Request for Proposals, Combined Heat & Power Projects, Program Opportunity # CEFIA-CHP-001 - June 14, 2012
Combined Heat & Power Projects Application - Program Opportunity # CEFIA-CHP-001