How to Get Started

Give us a call to talk about your energy efficiency project—whether it’s upgrading your lighting, switching to an efficient heating or cooling system, or adding air sealing and insulation to your building. We’ll run a cost-savings analysis to ensure that the proposed improvements reduce your operating costs. Then we’ll verify available incentives and couple those with the right financing solution to meet your goals and cash-flow needs.

  • Experienced, unbiased advice on cost-effective improvements
  • Financing solutions to meet your goals and cash-flow needs
  • Rebates available for qualifying products and improvements
A chart showing an example of savings over time where cost savings start at year one and increase after financing payments are finished.

Business Energy Loan

The Business Energy Loan (BEL) offers an easy, turnkey solution for financing improvements with no closing costs and $0 down. You work with us to qualify your project, and apply for the loan through VSECU. As is the case with all of our financing options, we perform a cost-savings analysis to ensure that the project will save money by reducing your energy costs. And with the BEL, the lender can often structure the terms so that your monthly net costs stay the same or even go down.

  • Low interest rate (4.75% - 6.75% as of April 1), no closing costs, $50,000 loan cap
  • Flexible terms of up to ten years, 100% financing available
  • Streamlined application process, no business financials required
  • Nonprofits and other institutions encouraged to apply
  • Also available to owners of multifamily rental housing

Eligibility Requirements for BEL

  • Financing must be for energy efficiency improvements
  • Business or institution must be physically located in Vermont
  • Credit score of applicant must be 660 or higher
  • Must be registered and in good standing ($25 fee) with the Vermont Office of the Secretary of State
  • Participation requires VSECU membership, available to any Vermont-based organization or individual who lives or works in Vermont

Institutional Financing Options

If your institution wants to make energy efficiency improvements, contact us. We can direct you to other financing options, including leasing, performance-based contracting, and more.