Energy Efficiency and Electrification (E3) commercial financing is available for businesses ready for electrification and carbon reduction projects
1 Aug 2024
The Energy Efficiency and Electrification (E3) Commercial Financing Program helps all-requirements cooperative members assist local industry when purchasing or retrofitting high-efficiency equipment.
Energy Efficiency and Electrification (E3) commercial financing supports environmentally conscious businesses and generates new revenue for cooperative members
Eligible projects reduce carbon emissions by upgrading forklifts, heat pumps and other industrial equipment to all-electric systems. Ultimate loan recipients may also redo their lighting and HVAC systems to save at least 100,000 kilowatt-hours. The complete list of eligible projects is not exhaustive; custom projects for industry-specialized equipment are a viable option, as are engineering and design costs.
Review the generous Energy Efficiency and Electrification (E3) Commercial Financing Program terms, including a 10-year loan maturation period, for more information.