Clean Energy Fund
Administered by New Hampshire Community Development Finance Authority
This program is not available to homeowners—it funds energy efficiency and renewable energy projects for New Hampshire businesses, nonprofits, and municipalities. If you represent a qualifying organization, you can borrow $30,000 to $500,000 at rates starting at 2.0% for projects that achieve at least 15% energy savings, with loan terms up to 10 years (potentially longer for renewable energy). Contact CDFA at 603-226-2170 or email Scott Maslanksky to arrange a required pre-application consultation before applying.
The Clean Energy Fund finances commercial, nonprofit, and municipal projects including LED retrofits, weatherization, solar, heat pumps, and other renewable energy installations for your customers. Projects must deliver minimum 15% energy savings, and loans range from $30,000 to $500,000 at competitive rates (2.0% minimum) with terms up to 10 years; your customers' annual savings must equal or exceed annual debt service. CDFA provides technical assistance and project guidance throughout development and can coordinate with other funding sources to strengthen project economics.
The Clean Energy Fund, capitalized at over $9 million, consolidates three revolving loan funds into a single application process serving NH businesses, nonprofits, and municipalities. Loan amounts range $30,000–$500,000 at rates starting at 2.0% with terms up to 10 years (extended for renewable projects); borrowers must demonstrate minimum 15% energy savings and annual savings ≥ annual debt service. Funding blends federal and state sources plus CDFA's own capital; the program prioritizes equitable access, priority populations/communities, and emerging technologies while requiring pre-application consultation to manage underwriting and risk.
Program details
- Program ID
- 22508
- Last updated
- 6/11/2025
Eligibility
- Sectors
- commercial local government nonprofit
- Technologies
- geothermal electric solar photovoltaics wind (all) biomass hydroelectric geothermal heat pumps wind (small) hydroelectric (small) anaerobic digestion fuel cells using renewable fuels yes; specific technologies not identified
Incentive amount
$9 million
Program summary
The New Hampshire Community Development Finance Authority's (CDFA) Clean Energy Fund invests in energy efficiency and renewable energy projects for cost reduction purposes -- specifically for businesses, non-profits, and municipalities. The fund is capitalized at over $9 million and merges three individual revolving loan funds dedicated to energy efficiency improvements and various clean/renewable energy initiatives, all into a single program (some specific limitations may apply).
Funding comes from both federal and state sources, including CDFA's own funds. Projects eligible for funding are those resulting in a minimum energy savings of 15%, among other criteria. Project examples include LED lighting retrofits, weatherization, community solar and rooftop solar, and heat pumps, among others.
Loan amounts range from $30,000 to $500,000. The loan term is up to 10 years with a potentially longer period for renewable energy projects. Applicants may qualify for at least one discount with a minimum lending rate of 2.0%.
Pre-application consultation with CDFA staff is required before submitting a formal application. Contact CDFA at 603-226-2170 or email the Director of Clean Energy Financing, Scott Maslanksy.
For more information view the application and program guide.
Contact & resources
- Contact email
- smaslansky@nhcdfa.org
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.
