Northeast Ohio: Low-Interest Loans for Energy Projects

Northeast Ohio Public Energy Council (NOPEC) announced that it is the first organization in Ohio to offer new U.S. Department of Agriculture low-interest loans designed to help small businesses lower their energy consumption and costs through energy-efficient upgrades.

Owners of commercial property within a NOPEC member community are eligible to apply for financing for projects ranging from $5,000 to $100,000.

Energy upgrades that qualify include HVAC, interior and exterior lighting, insulation, windows and doors, and other renewable energy projects such as solar water heating systems.

For larger projects, NOPEC offers financing up to $500,000 through its Property Assessed Clean Energy, or PACE, program. 7/11/2018