HG&E’s Commercial Energy Conservation Program can provide businesses with the capital they need to make energy-saving improvements. This program provides financial assistance at 0% interest for the implementation of approved energy efficient measures that include, but are not limited to:
- Energy Star Lighting
- Variable Speed Motors
- Building Envelope/Weatherization
- Energy Efficient Windows
Financial assistance is available at 0% interest and repayable over a period of up to five years. Monthly payments are conveniently included on your electric bill. Please note that a one-time processing fee of $100 and other restrictions apply, and although businesses may request whatever amount they need for the proposed improvement, approval by the HG&E Commission is required to grant requests greater than $5,000.
If you are planning a lighting conversion project, you may also be eligible for rebates through the Bright Opportunities Program.
Multi Family Investment Properties of five or more units which are owned by Holyoke residents are also offered zero-interest assistance through this program, up to a maximum of $20,000 ($2,500 maximum per unit).
In order to qualify for financial assistance through this program, an energy audit must have first been completed for that business. Additionally, your HG&E account must have a 12 month clear history and city taxes must be current. Learn how to set up an energy audit for your business.
Solar: This program also provides up to $10,000 of interest-free financial assistance that is repayable over a period of 10 years for commercial solar installations.