ClimateSmart Commercial Loans: A Sweet Deal Just Got Sweeter
Application Deadline: July 12th - information and application HERE
Commercial and institutional properties including non-profits, apartment buildings, small manufacturing facilities and multifamily, low-income and/or elderly housing complexes are all eligible for the ClimateSmart Loan Program. Now, through our ARRA funds, REBATE incentives are now available to all loan funded projects. Rebates will be available for up to 70% of the cost of the project with a cap of $10,000. Please note: the rebates on Solar PV are solely for those properties outside of Xcel’s service territory
Commercial property owners choose a set of energy efficiency and renewable energy measures from the list HERE and apply for a minimum $3,000 and up to a maximum of $210,000 loan to fund the improvement. Each property owner who receives financing through the program will be responsible for repaying the loan via a special assessment on the improved property.