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.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Massachusetts |
| Incentive Type: | Loan Program |
| Web Site: | https://www.masssave.com/en/learn/business/the-mass-save-financing-for-business-program/ |
| Administrator: | MassSAVE |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: | $500,000 |
| Loan Term: | Up to 7 years |
| Interest Rate: | 0% |
| Name: | Program Administrator |
| Address: |
MA |
| Phone: | (844) 887-1400 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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