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Mountain Association for Community Economic Development - Energy Efficient Enterprise Loan Program

Eligibility 
Commercial
Industrial
Installer/Contractor
Institutional
Local Government
Nonprofit
Schools
Savings For 
Other
Heating & Cooling
Commercial Heating & Cooling
Heating
Home Weatherization
Commercial Weatherization
Sealing Your Home
Cooling
Appliances & Electronics
Manufacturing
Design & Remodeling
Windows, Doors, & Skylights
Ventilation
Heat Pumps
Commercial Lighting
Lighting
Insulation
Water Heating
Biofuels
Alternative Fuel Vehicles
Bioenergy
Solar
Buying & Making Electricity
Water
Wind
Maximum Rebate 

All MACED Loans: $500,000

Program Information
Program Type 
Local Loan Program
Rebate Amount 

Micro loans: $1,000 - $10,000 at 5% interest
Small business and start-up loans: up to $35,000
Other loans: up to $500,000 to qualified borrowers

The Mountain Association for Community Economic Development (MACED) offers loans to small and mid-sized businesses, non-profits, schools and municipalities to improve energy efficiency through its Energy Efficient Enterprises program. Commercial loans can be used to purchase a wide-variety of equipment and to pay for energy efficiency upgrades and renewable energy installations. The micro-loans (up to $10,000, paid back within 4 years) may be used for lighting upgrades and the purchase of energy efficient, ENERGY STAR appliances. The program is flexible; the loans are designed to finance energy efficiency projects that maintain a positive cash flow due to the resulting energy savings. MACED has an energy specialist on staff to provide technical assistance to businesses and/or building contractors.

There is also financing available to pay for training, certification, travel and exams for installers of energy efficient and renewable energy systems.

Commercial loans are made throughout MACED's service area, which includes [http://www.maced.org/counties.htm 54 Appalachian counties] in Kentucky (as designated by the Appalachian Regional Commission).

http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=KY35F

Kentucky