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Economic Dev

We’re helping Connecticut communities strengthen local economies and build resilience through clean energy and resilience solutions. The Connecticut Green Bank supports economic developers, municipalities, and property owners by driving investment, supporting businesss districts, and advancing projects that help communities thrive.

In partnership with Sustainable CT, the Connecticut Green Bank offers no‑cost assistance to support C‑PACE workshops. These workshops help economic developers and municipalities connect local businesses with financing that supports energy upgrades, resilience, and long‑term economic vitality. Schedule a workshop through Sustainable CT.

“Economic developers are the conduit. It’s our job to know what resources exist and connect businesses to the tools—like C-PACE—that make projects possible.”—Kristen Gorski, Town of West Hartford Economic Development Manager Check out Kristen’s story in our resource library here!

Resources:

    • Explore our Resource Library to find customer stories, process explainers, and practical resources for economic development work.
    • Need a tool to help you support property owners with upgrades, cost savings, and resilience? Our new Economic Developer One‑Pager gives you the resources and guidance to confidently connect projects with Green Bank programs.
    • Mapping Analysis of Your Area Tool (MAYA): This dashboard highlights impact across economic, environmental, and energy categories, including investment deployed, job years created, tax revenues, public health, emissions and more.

Solutions that will help your community go green

C-PACE

Whether your town is already one of the nearly 140 participating in the C-PACE program and looking to promote its benefits to your business community, or if you are looking for information on how to sign up, the Green Bank is here to support you.

Learn More Solar PPA

Every dollar matters for the businesses and nonprofits in your community. Helping them control electricity costs can strengthen and improve the long‑term health of your commercial districts. Solar PPA gives you a practical, no‑upfront‑cost  solution to share with property owners.

Learn More Solar Roof Lease Product-Images-Community-Solutions-green-bank-Solutions Many communities have unused rooftop space that can become a new economic asset. A Solar Roof Lease offers a reliable, worry-free tenant and predictable revenue, helping property owners reduce operating pressures while adding renewable energy to the grid and strengthening commercial districts. Learn More Capital Solutions

Our Open RFP provides capital to emerging developers of commercially established technologies, well-established manufacturers of emerging technologies, and lenders and investors of all types to help empower clean energy, environmental infrastructure, and resilience projects that don’t fit into our other programs. 

Learn More Energy Storage Solutions

Installing a battery system can help commercial and municipal facilities improve resiliency and provide backup power during outages to maintain operations without interruption. This statewide incentive program offers upfront and performance‑based incentives for Eversource and United Illuminating customers installing energy storage at their facilities.

Learn More Solar MAP+

Affordable multifamily housing properties and municipal properties like schools can receive technical assistance and guidance while going solar and adding storage. Learn how these property owners can realize immediate electricity savings and a streamlined solar process. If you need help navigating the solar and storage process, our Solar MAP+ program can help you.

Learn More

Here are ways you can get involved

Connecticut communities are changing for the greener!

Barker Specialty will save more than $60,000 in energy costs this year.

The Bushnell Center will save more than $59,000 in energy costs this year.

The L.C. Doane Company will save more than $55,000 in energy costs this year

Calvary Temple Christian Center will save more than $14,000 in energy costs this year

Mystic Aquarium enhances its mission with green energy projects through the Connecticut Green Bank

The West Lane Inn Warms up to Sustainability

Running Brook Farms Plants the Seeds of Sustainability

Enko Chem grows their commitment to clean energy.

Budderfly expands its mission with the help of Green Bank financing.

Qcells and Hanwha Aerospace USA Advance a Clean, Reliable Energy Future by Utilizing Energy Storage Solutions Program.

The Best Postcards Steps Towards Sustainability

Easterseals Adopts Clean Energy With a Great Mission