75 Charter Oak Avenue
Hartford, CT 06106
700 Canal Street
Stamford, CT 06902
Since the Connecticut Green Bank’s inception through the bipartisan legislation in July 2011, we have mobilized more than $2.26 billion of investment into the State’s green economy.
Since the Connecticut Green Bank’s inception through the bipartisan legislation in July 2011, we have mobilized more than $2.14 billion of investment into the State’s green economy.
We have attracted $2.26 billion in private investment using only $322.4 million in Green bank dollars, a leverage ratio of $7.00 for every $1. The impact of our deployment of renewable energy and energy efficiency to families, businesses, and our communities is shown in terms of economic development, environmental protection, equity, and energy (data from FY 2012 through FY 2022).
The Green Bank has supported the creation of more than 26,720 direct, indirect, and induced job-years.
The Green Bank’s activities have helped generate an estimated $113.6 million in state tax revenues.
The Green Bank has reduced the energy costs on families, businesses, and our communities.
The Green Bank has accelerated the growth of renewable energy to more than 509 MW and lifetime savings of over 65.6 million MMBTUs through energy efficiency projects.
The Green Bank has helped reduce air emissions that cause climate change and worsen public health, including 9.6 million pounds of SOx and 11.1 million pounds of NOx.
10.4 million tons of CO2 equals
grown for 10 years
driven for one year
The Green Bank has improved the lives of families, helping them avoid sick days, hospital visits, and even death.
$317.1 – $717.2 million
lifetime public health value created
Investing in vulnerable communities, The Green Bank has set goals to reach 40% investment in communities that may be disproportionately harmed by climate change.
* LMI Households – households at or below 100% Area Median Income.
** Community Reinvestment Act (CRA) Eligible – households at or below 80% of Area Median Income and all projects in programs designed to assist LMI customers.
*** Environmental Justice Community means a municipality that has been designated as distressed by Connecticut Department of Economic and Community Development (DECD) or a census block group for which 30% or more of the population have an income below 200% of the federal poverty level.
**** Combined Vulnerable Communities include LMI, CRA and EJC.