New Smart-E Program Measures Available
As you may know, the Connecticut Green Bank’s mission expanded in 2022 beyond clean energy and energy efficiency into environmental infrastructure. This encompasses climate adaptation and resilience, land conservation, parks, agriculture, water, waste and recycling, and environmental markets.
This expansion means that the Smart-E Loan is also growing to include new financeable measures that can be used by residents seeking to make their homes more resilient and less likely to face damage/losses due to extreme weather events.
The first phase of these new measures is now available on our website here and listed below:
- Elevating or relocating service equipment including HVAC, electrical utility systems, sockets/switches, or battery storage systems
- Installing unions, fittings, and valves to service equipment to allow for faster replacement or disconnecting when damaged or prior to a flood event
- Installing storm shutters
- Installing high impact glass windows
- Installing floodproof basement windows
- Purchasing an alternative power station
- Inspection of solar PV anchor system
As you can see, most are additional aspects of work you may already be doing, so including these in your proposals to customers may help your sales efforts by helping them creating more resiliency in their homes. More new measures will be added to this list of financeable upgrades this spring including work with plumbing, wells, and floodproofing.
Please let us know if you have any questions about how Smart-E can be used to finance these loss prevention measures.