Last Updated May 23, 2024
Program Overview
Category:
Financial Incentive
State:
Massachusetts
Incentive Type:
Loan Program
Administrator:
Holyoke Gas and Electric Department
Start Date:
N/A
Expiration Date:
N/A
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
Summary
Holyoke Gas & Electric's Commercial Energy Conservation Program offers zero interest loans to its commercial customers who are making energy efficiency improvements to facilities. The applicant must obtain cost estimates from contractors before turning in the application. The payback period of the loan is flexible depending on the amount of assistance requested, but cannot exceed five years. Monthly payments are included on the customer's electric bill. All assistance requests greater than $10,000 require approval by the Holyoke Gas & Electric Commission.
Eligible measures include (but are not limited to): lighting improvements; installation or upgrading of gas fired boilers, furnaces, conversion burners, water heaters, and central air conditioning systems; weatherization upgrades; and solar photovoltaic or solar hot water installations. Participating facilities must receive gas or electric service from Holyoke Gas & Electric in order to qualify. More information on terms and eligible measures is located on the program application.
Please see the project-specific requirements for a list of eligible projects.