Solar & Battery Regulation & Incentive Programs

Burlington Electric Department - Commercial On-Bill Financing Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Vermont
Eligible Storage Technologies:
Clothes Washers, Refrigerators/Freezers, Dehumidifiers, Water Heaters, Lighting Controls/Sensors, Furnaces, Boilers, Heat pumps, Air conditioners, Heat recovery, Programmable Thermostats, Motors, Motor VFDs, Comprehensive Measures/Whole Building, Pool Pumps, LED Lighting, Commercial Refrigeration Equipment
Website:
https://www.burlingtonelectric.com/on-bill-financing
Maximum Loan:
$50,000
Loan Term:
12-72 months
Interest Rate:
75% of Wall Street Journal's prime published rate, or a maximum of 4%
Administrator:
Burlington Electric Department
Applicable Sectors:
Commercial, Industrial, Agricultural
Utility:
Burlington Electric Department
Last Updated:
06/20/2019

Summary

Burlington Electric Department offers an on-bill financing program for its business customers. All projects that qualify for rebates and incentives under Burlington Electric Department's regular programs will also qualify for on-bill financing. Visit the program website or contact utility for more information.