Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Massachusetts |
Incentive Type: | Loan Program |
Web Site: | http://www.masssave.com/en/business/services-financing/financing-for-business |
Administrator: | MassSAVE |
Eligible Efficiency Technologies: | Lighting, Lighting Controls/Sensors, Compressed air, Motors, Motor VFDs, Custom/Others pending approval, Commercial Cooking Equipment |
Business customers of Berkshire Gas, Cape Light Compact, Columbia Gas of Massachusetts, National Grid, Eversource, Unitil, and Liberty Utilities may be eligible for zero-interest loans from $5,000 to $500,000 to make energy efficiency improvements. Efficiency improvements that may be eligible for financing under this program include:
The local utility or energy efficiency provider prepays interest on the loan, resulting in zero interest for the customer. Customers must have a qualifying project that is pre-approved by the local utility or energy efficiency provider and must use a pre-approved lender. A list of participating lenders is available on the program web site.
For more information, find your program administrator and contact info here.
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kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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