Mass Save - Financing for Business Program

Last updated: August 28, 2018

Program Overview

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

Summary

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:

  • High-efficiency lighting and controls
  • Motors/variable-frequency drives
  • Compressed air
  • HVAC
  • Commercial and industrial kitchen equipment
  • High-efficiency natural gas equipment
  • Custom measures

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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