Mass Save - Financing for Business Program

MA Loan Program commercial industrial nonprofit multifamily residential

Administered by: MassSAVE

Program Details

Program ID
5038
Last Updated
7/19/2023

Eligibility

Eligible Sectors
commercial industrial nonprofit multifamily residential
Eligible Technologies
lighting lighting controls/sensors compressed air motors motor vfds custom/others pending approval commercial cooking equipment

Program Summary

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:High-efficiency lighting and controlsMotors/variable-frequency drivesHVACCommercial and industrial kitchen equipmentHigh-efficiency natural gas equipmentCustom measuresThe 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.

Contact & Resources

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

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