| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Wisconsin |
| Incentive Type: | Loan Program |
| Web Site: | http://www.mge.com/business/services/financing/ |
| Eligible Efficiency Technologies: | Water Heaters, Lighting, Furnaces, Custom/Others pending approval, Food Service Equipment, Commercial Refrigeration Equipment |
Madison Gas and Electric (MGE) offers business customers a loan for energy efficiency projects. Customers use a Shared Savings Loan from MGE to finance improvements, with the money saved from improvements used to offset the cost of repaying money provided by MGE.
Projects must be over $5,000 to qualify and can cover equipment replacements, facility improvements or new construction. Interest rates are either fixed annually or floated with the LIBOR. Interest rate resets will be conducted annually in April of May. Monthly repayment billings appear as line items on participants' energy bills. Participants will have to pass a credit review and provide project information. Contact MGE for more information regarding this program.
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| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
