Compressed Air Systems
for rebate form and information.
Rental Property Owners / Apartment Buildings
Click here for rebate form.
Rebates are being offered for new, energy-efficient refrigeration and ventilation equipment, as well as free lighting and water conservation equipment for existing Vermont rental properties.
For information on the installation of fans, click here
VEDA Loan Program for Energy Efficiency Improvements
Vermont Economic Development Authority (VEDA) is now offering the Vermont Business Energy Conservation Loan Program.
VEDA, in cooperation with Efficiency Vermont and BED, has available a $1 million low-interest loan fund for Vermont business projects that improve energy efficiency and conserve energy.
This program may make loans ranging from $5,000 up to a maximum of $150,000. The program may fund up to 75 percent of the cost of a project.
Businesses must be 51 percent owned by U.S. citizens. This includes (but is not limited to) companies engaged in the following industries: manufacturing, processing of assembly of products, hospitality, service providers, farms and retail. Non-profit businesses are also eligible. Loans may not be made for improvements to public buildings including public schools. Multi-family properties are not eligible.
Loan funds may be used to purchase and install thermal envelope improvements, power, heating, ventilation and cooling system improvements, lighting, and new HVAC equipment that are certified as energy-efficient by BED or E-VT.
The maximum loan term will be five years, but in certain cases loans may be amortized over 10 years.
Interest rate on the loan for the first three years will be Prime Rate as published in the Wall Street Journal minus 3 percent, adjusted as Wall Street Journal Prime Rate changes.
For more information click here
Applications may be completed on-line. Download a form at www.veda.org, or contact VEDA's office in Montpelier.
First, call BED at 802-865-7342 or email EEinfo@burlingtonelectric.com. We can provide technical assistance and review your plans. If appropriate, coordinate with VGS. We will provide savings estimates, let you know about any available incentives, and provide certification to VEDA that the project is energy efficient.
Current Federal Tax Credits for Energy Improvements
The federal government currently offers tax credits for several kinds of energy efficiency improvements and for the installation of renewable energy equipment.
Read more about federal tax credits for energy improvements at www.energystar.gov/taxcredits.