Loans, Grants & Tax Incentives

Energy Efficiency Revolving Loan

Energy Tax Incentives banner
The Energy Efficiency Revolving Loan (EERL) program was established through the US Department of Energy/ Energy Office using “stimulus” funding. It is administered by the Business Development Corporation (BDC) by contract with JEDA. The purpose of the loan fund is to enable business and industry to save money by saving energy. The fund is also open to other entities including utilities and government agencies. 
 
For additional information, visit www.businessdevelopment.org/eerl.
 
Answers to commonly asked questions are listed below.

How much can I borrow?

The preferred minimum loan amount is $50,000 and the maximum is generally $1 million, however exceptions may be made.