Energy Efficiency and Renewable Energy Loans for Businesses

November 02, 2022


The Michigan Agency for Energy (MAE), through the Michigan Energy Office (Energy Office), is offering small businesses, currently located in Michigan, financial assistance for energy efficiency upgrades and renewable energy project implementation. This effort is directed at businesses that are seeking to upgrade and/or install clean energy technologies. One million five hundred thousand ($1.5M) is available for eligible projects. Loan requests should be between $50,000 - $350,000 and are limited to supplies, materials and equipment purchases only.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Michigan
Incentive Type: Loan Program
Web Site:,4580,7-230-72052_72054_73823---,00.html
Start Date:
Eligible Renewable/Other Technologies:
  • Yes; specific technologies not identified
Maximum Loan: $350,000
Interest Rate: 2-4% fixed interest rate


Name: MCL § 460.911 et seq.
Date Enacted: 01/08/2010


Name: Robert Jackson
Organization: Energy Office, Michigan Agency for Energy
Address: 7109 W. Saginaw Highway
Lansing MI 48917
Phone: (517) 284-8333

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.