MA Loan Program

Holyoke Gas & Electric - Commercial Energy Assistance Program

Administered by Holyoke Gas and Electric Department

AI summary · 7/12/2026

Holyoke Gas & Electric's Commercial Energy Assistance Program offers 0% interest loans to qualified commercial and industrial customers for energy efficiency and renewable energy projects, with repayment terms of 36 months for projects up to $2,000 or 60 months for larger projects, with convenient monthly payments added to your utility bill. To apply, you need to obtain contractor cost estimates with equipment specifications, submit your application with proof of property ownership and 6–12 months of satisfactory payment history with HG&E, and complete the work within 12 months; a one-time $100 processing fee applies. Eligible measures include HVAC upgrades, lighting improvements, solar installations, weatherization, and electrification projects, as long as your facility receives gas or electric service from HG&E.

You can help your commercial and industrial customers access 0% interest financing for energy efficiency and renewable energy projects by submitting a supplemental application and installation quote with detailed equipment specifications and model numbers for each system or service being installed. Your role includes completing a post-installation form after work completion and confirming that installed equipment meets HG&E's program requirements; HG&E will only pay out assistance after receiving both the signed customer agreement and your post-installation documentation. Projects must be installed within 90 days of the signed agreement, and all work completed within 12 months of application; requests exceeding $10,000 require HG&E Commission approval, which typically takes longer than the standard 5-business-day review for smaller projects.

The Commercial Energy Assistance Program provides 0% interest financing on a case-by-case basis for energy efficiency, electrification, and renewable energy improvements to commercial, industrial, and multifamily (5+ units) properties served by HG&E, with repayment periods of 36 months (up to $2,000) or 60 months ($2,001+) and a $100 processing fee per applicant. Eligibility requires 6–12 months of satisfactory payment history, no municipal tax liens, and property ownership; multi-family properties can receive assistance only if equipment serves all units, and repeat applicants' new assistance is capped at the aggregate limit minus any outstanding balance. Requests exceeding $20,000 require HG&E Commission approval at scheduled monthly meetings; the utility reserves the right to limit total annual assistance amounts and determine assistance levels per project, with a 90-day installation window and 12-month project completion deadline.

Program details

Program ID
1338
Last updated
1/6/2026

Eligibility

Sectors
commercial industrial federal government multifamily residential
Technologies
solar water heat solar photovoltaics water heaters lighting furnaces boilers heat pumps air conditioners programmable thermostats caulking/weather-stripping duct/air sealing building insulation windows doors motors led lighting hvac level-2 electric vehicle service equipment

Program summary

Holyoke Gas & Electric's Commercial Energy Conservation Program offers zero interest loans to its commercial customers who are making energy efficiency improvements to facilities. The applicant must obtain cost estimates from contractors before turning in the application. The payback period of the loan is flexible depending on the amount of assistance requested, but cannot exceed five years. Monthly payments are included on the customer's electric bill. All assistance requests greater than $20,000 require approval by the Holyoke Gas & Electric Commission.

Eligible measures include (but are not limited to): lighting improvements; installation or upgrading of gas fired boilers, furnaces, conversion burners, water heaters, and central air conditioning systems; weatherization upgrades; and solar photovoltaic or solar hot water installations. Participating facilities must receive gas or electric service from Holyoke Gas & Electric in order to qualify. More information on terms and eligible measures is located on the program application.

Please see the project-specific requirements for a list of eligible projects.

Contact & resources

Contact email
jjackowski@hged.com

Please verify current program details with the administering agency before making any financial decisions.

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