Real Estate & Leased Properties

A Suite of Energy-Saving Solutions

Stay ahead of the competition with energy improvements that reduce operating costs and attract and retain tenants. Energize Connecticut helps you prioritize improvements and connects you with funding resources to make your projects affordable.

Overview

Energy represents 30 percent of the typical office building's operating costs and is a property's single largest operating expense. Building operation and management strategy changes alone can reduce energy use 35 percent1. Reducing energy and operating costs can improve your profit margins, increase funds available for development of new products and services and enhance overall corporate value.

Many organizations with commercial real estate, corporate real estate and multifamily housing units have realized significant energy savings and increases in asset value by investing in energy-saving improvements. For example, reducing energy use by 15 percent in a typical 250-unit master-metered community will increase net operating income and can enhance asset value by over $1 million (using a 6 percent capitalization rate). In a similarly sized individually metered community, these same savings may increase asset value by over $200,000 annually1.

1Source: ENERGY STAR®

How We Help

Your Connecticut properties can take advantage of a number of energy efficiency and renewable energy programs funded through the Connecticut Energy Efficiency Fund and the Clean Energy Finance and Investment Authority. You can benefit from cash incentives and attractive financing options like Commercial-PACE and from the full- service energy efficiency program Small Business Energy Advantage.

To find smart energy options that are right for you, please visit our programs wizard, check out the smart energy solutions we offer, or see a list of popular choices below.

POPULAR CHOICES
Optimize Performance

Tap into technical and financial resources to ensure your building operates at peak efficiency.

Business Rebates

Make smart energy improvements with rebates.

A Bright Way to Save

It's easy to reduce energy costs with energy efficient lighting.


Energy Opportunities

It can be a big decision to replace equipment if it’s still functioning. But with today’s energy costs, delaying an upgrade can actually cost you money. Investing in energy-efficient equipment can reduce operating costs and improve productivity, ease-of-use, comfort and even aesthetics. ...

Small Business Energy Advantage

In today’s competitive environment, energy efficiency is a key element in maintaining a healthy bottom line. Wise business owners also know that energy improvements can increase productivity. We can help. A utility-authorized contractor will advise you on energy-saving strategies and ...

Commercial Property Assessed Clean Energy

It’s easier than ever to invest in energy-saving improvements and renewable energy projects. Through the Connecticut Property Assessed Clean Energy (C-PACE) program, building owners access affordable, long-term financing for qualifying clean energy upgrades through placing a voluntary assessment ...

Operations and Maintenance

Trimming your energy costs may be easier and more affordable than you think. We can help you assess your commercial building or industrial facility to identify energy-saving opportunities through improved maintenance practices, equipment repairs and operational changes. Effective operation and ...

Energy Conscious Blueprint

Want to maximize energy performance in your new facility?  Plan for efficiency from the beginning with help from utility energy experts. They’ll work with you and your design team to identify energy-saving opportunities and integrate them into your plans early – before the ...

Retro-Commissioning

Retro-commissioning (RCx) is a process to optimize your building’s operations and maintenance.  It focuses on how your mechanical equipment, lighting and related controls operate, and how these systems function together. These improvements are supported with sustainable energy management ...

Express Service and Instant Lighting Rebates

The Express Service and Instant Lighting Rebates is a smart way for businesses to save electricity and cut energy costs by installing high-efficiency lighting. Now with paper and instant rebates you can enjoy all the energy-saving benefits without paying a premium price. What a bright idea!

Cool Choice Rebate

Cool Choice is a smart way for businesses to save electricity and cut energy costs by installing high-efficiency air conditioning and heat pump systems. Now, with rebates through the Connecticut Energy Efficiency Fund, you can enjoy all the energy-saving benefits of a high-efficiency system without ...

C&LM Financing-Small Business/Municipal Loan Program

Trim energy costs with interest-free loans for energy-saving and demand-reducing projects. Combined with incentives, this program allows small businesses and municipalities to invest in improvements now to start saving sooner. Repayment terms up to four years and an on-bill payment option make it ...

Low-Interest Loans for Commercial & Industrial Customers

Make energy savings pay out with low-interest financing for qualified energy-efficient improvements. Coupled with incentives, it can make your project a reality so you can start saving sooner.

Commercial Multi-Family Properties

Do you own or manage a multi-family building? Do you have tenants or owners living in the building? Are you about to start construction? Chances are you may be eligible for more than one energy efficiency program offered to Connecticut’s electric and gas residential and business customers. ...

Combined Heat & Power Pilot Program

Does your commercial, industrial or institutional facility have large heat and power load demands? If so, it’s worth exploring Combined Heat & Power technologies. You could be eligible for a grant, loan or power purchase incentive to offset the cost of investing in equipment to tap into this ...

Commercial Clothes Washer Rebate

Make your laundry facility work for your bottom line. The next time you purchase a commercial clothes washer, choose an energy-saving ENERGY STAR model. Whether you’re replacing just one machine or many, you can earn a $200 rebate for each qualifying machine and get high performance with ...

Natural Gas Heating Equipment Rebate

A smart way for businesses to save gas and cut energy costs is by installing high-efficiency natural gas heating equipment. With efficiencies of up to 98 percent they are the most efficient heating equipment available. Now with rebates through the Connecticut Energy Efficiency Fund, you can enjoy ...

Natural Gas Water Heating Rebate

With efficiencies of up to 85 percent or more, installing high-efficiency natural gas water heating equipment is a smart way for businesses to save gas and cut energy costs. Now with rebates through the Connecticut Energy Efficiency Fund you can enjoy all the energy-saving benefits of a ...

Natural Gas Infrared Heater Rebate

Cool down your budget and warm up your facility with energy-efficient natural gas infrared heaters. When you install a qualifying low-intensity or high-intensity model, you can receive a rebate of $500-$850 per unit. 

Vending Machine Rebate

Cold beverage vending machines are everywhere, making our lives easier. But machines that run continuously can cost more than $300 a year to operate. There’s a better choice. With motion-sensing technology, you can cut energy costs 20-70 percent simply by powering down the unit when no one is ...

CTCleanEnergyOptions

Even if you’re not ready to invest in a solar energy system for your business, you can support clean, renewable energy. Sign up for CTCleanEnergyOptions on-line or by calling the supplier of your choice.

Tax Credits

Federal tax credits and grants can help make energy efficiency and renewable energy investments pencil out. Qualified high-efficiency equipment, “whole-building” energy efficiency projects and some renewable energy equipment may be eligible. Builders that construct high-performance ...