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MassSAVE - Financing for Business Program

Last Review: 2013-02-13
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Lighting, Lighting Controls/Sensors, Compressed air, Motors, Motor-ASDs/VSDs, Processing and Manufacturing Equipment, Custom/Others pending approval, Yes; specific technologies not identified
Applicable Sectors: Commercial
Terms: Rate: Prime plus 100 basis points (6.25% floor)
Repayment: Up to 7 years
Incentive Amount: Varies
Website: http://www.masssave.com/business/new-construction-and-equipment/find-incentives/business-financing

Summary:

Business customers of Berkshire Gas, Cape Light Compact, Columbia Gas of Massachusetts, National Grid, New England Gas Company, NSTAR, Unitil and Western Massachusetts Electric Company may be eligible for low-interest financing to help increase the energy efficiency of their businesses and nonprofits.  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. 


Contact:
HEAT Loan Program
MassSAVE


Boston, MA
Phone:(866) 527-7283 Ext.
Phone 2:()
Email: info@masssave.com
Web site: http://www.masssave.com/

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