New Hampshire Moves In direction of On-Invoice Financing for Biomass Heating

Two NH electrical utilities are now making obtainable on-bill funding of renewable vitality systems, which includes higher effectiveness pellet heating methods, at really eye-catching phrases. General public Support of NH and Unitil, which together provide eighty five% of NH ratepayers, administer a system known as Property Functionality with Energy STAR, that makes it possible for substantial effectiveness wooden pellet boilers to qualify for on-monthly bill financing beneath certain circumstances. Terms of the financing are % curiosity for up to 7 a long time and up to $ seven,five hundred. The source of money for these mortgage applications is method rewards charges and Regional Greenhouse Fuel Initiative resources administered in help of vitality effectiveness plans by the utilities, and funded by electrical ratepayers.

Far more details on the PSNH plan is accessible below and right here, and a lot more details on Unitil’s software is accessible here. The PSNH and Unitil programs mirror a extremely constructive trend amid electric utilities towards much more fuel and technologies neutral power assistance plans for their electrical clients.
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