Financing & Funding
While most of the energy initiatives you undertake are cost-effective and result in a profitable return on investment, selected projects and initiatives may require modest start-up funds to implement and sustain. Securing funds and resources needed to undertake projects may make your Selectboard more receptive to suggested energy-saving campaigns, methods, and policies.
There are a wide variety of potential financing and funding sources available to support local efforts. Below, find some suggestions on where you might start to look for those start-up funds from two general locations:
The Net Zero Revolving Loan Fund was established in 2016 to help finance municipal energy efficiency and renewable energy investments in the City. The Fund is administered by City staff with the support of the Montpelier Energy Advisory Committee, which is tasked with spearheading the city’s Net Zero Montpelier initiative. The Net Zero Revolving Loan Fund is aimed at capturing and tracking savings from sustainability projects and utilizing some of those savings for subsequent projects. In addition to funding stand-alone energy efficiency and renewable energy projects, the City can also use the fund to pay the marginal costs of efficiency improvements within larger capital projects.
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Explore Efficiency Vermont’s Financing Opportunities
Efficiency Vermont offers assistance in finding loans and has a wide variety of rebates.