Small Business Energy Loans
ME
Loan Program
commercial
Administered by: Efficiency Maine
Program Details
- Program ID
- 22716
- Last Updated
- 1/2/2025
Eligibility
Program Summary
Efficiency Maine provides financing for certain small business owners upgrading to high performance heat pumps and variable refrigerant flow (VRF) systems. Businesses registered as a "Small General Service", "General Service", or "Medium General Service" electricity customer with a peak demand of max 50 kW are eligible. Loans range from $2,000 to $10,000, and terms may be 12, 24, or 36 months. The interest rate is 4.99%.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.