Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does Tennessee provide technical or financial assistance for energy conservation measures in small businesses?

April 26, 2017businesses energy conservation financial measures small Technical Tennessee

0

Posted

Does Tennessee provide technical or financial assistance for energy conservation measures in small businesses?

1 Answer

0

Posted

Yes. The Energy Division offers existing small businesses energy loans up to $300,000 at 0% interest for businesses located in Three-Star communities and 3% annual interest for all others. Loans may be repaid over a period of up to seven years. The loans must be used to identify, purchase and install approved energy efficiency measures. The loans fund purchase and installation of approved energy efficiency measures. Free energy audits are available for prospective applicants.