MadiSun - This local solar program is designed to assist homeowners and business owners install solar on their properties. By organizing collective purchasing power, participants can get lower prices for panel purchase and installation. Additionally, they offer loan programs with customized repayment periods.
PACE Financing - The PACE program helps businesses finance solar installation, energy efficient lighting, heating and cooling, insulation, and other sustainable energy upgrades. PACE loans are grounded to commercial properties, rather than business owners, alleviating financial responsibility from owners if the property is sold. Watch this video to learn more about PACE. PACE financing offers loan periods up to 20 years long, with their goal being that you pay for the loan with the savings you have from your reduced costs in energy bills.
Focus on Energy - Provides retroactive monetary incentives for energy efficient equipment upgrades. This funding decreases the upfront costs and shortens payback period, increasing the return on your investment overall.
Federal Business Energy Investment Tax Credit - This federal corporate tax credit rebates 30% of your investment on photovoltaic solar panels, solar water heating, solar space heating and cooling, hybrid solar lighting, fuel cells, and all sizes of wind turbine systems. A 10% rebate can be received for geothermal heat pumps, combined heat and power systems, and geothermal electricity.