Agricultural Energy Loan Program
Administered by: Vermont Agricultural Credit Corporation (VACC)
Quick Summary
If you operate a farm or forest-product business in Vermont, this program offers loans up to $5 million to help you invest in renewable energy generation (solar, wind, geothermal, biomass, hydroelectric, and more) or energy efficiency improvements (insulation, HVAC upgrades, LED lighting, and controls). You'll get variable or fixed-rate financing with terms tailored to your project's cash flow and asset life; contact a Vermont Agricultural Credit Corporation loan officer to discuss your specific project and financing percentage.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 5513
- Last Updated
- 6/18/2025
Eligibility
Program Summary
The Agricultural Energy Loan Program (AELP), created through Act 87 in 2013, is administered by the Vermont Agricultural Credit Corporation (VACC). The AELP provides loans to agriculture- or forest-product-based companies for renewable energy and energy efficiency projects. The maximum loan amount is $5,000,000, and the percentage of the project funded by VACC is negotiable. Loans are provided at variable rates, although fixed rates may be available in some circumstances; current rates can be found here. Loan terms are determined on a case-by-case basis. Fees associated with AELP loans include a 1% commitment fee ($5,000 maximum and $250 minimum); a $30 credit report fee; if applicable, an appraisal fee; document recording fee, flood certificate fee and other out-of-pocket fees. Projects involving New Market Tax Credit (NMTC) have no maximum.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.