Michigan Saves - Business Energy Financing

Last updated: August 28, 2018

Program Overview

Implementing Sector:Non-Profit
Category:Financial Incentive
State:Michigan
Incentive Type:Loan Program
Web Site:http://michigansaves.org/business#primary
Administrator:Michigan Saves
Funding Source:Michigan Public Service Commission
Eligible Renewable/Other Technologies:Solar Water Heat, Solar Thermal Electric, Geothermal Heat Pumps
Eligible Efficiency Technologies:Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Steam-system upgrades, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Siding, Roofs, Custom/Others pending approval, Yes; specific technologies not identified, Food Service Equipment, LED Lighting, Tankless Water Heater, Commercial Refrigeration Equipment

Summary

Michigan Saves is a non-profit that offers financing options for energy efficiency improvements throughout Michigan. The Business Energy Financing Program was started with seed funding from the Michigan Public Service Commission. Financing for businesses and nonprofits throughout the state of Michigan are now available. The program was originally available only to small commercial buildings within the City of Detroit owned by non-profits or local businesses and has expanded to public sector, multifamily, and commercial buildings statewide. 

Pre-qualification application materials are available on the program web site.

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