Resources to help fund your energy efficient plant upgrades.
A well-designed upgrade can provide a positive cash flow from energy savings while paying off the capital investment for new equipment. However, access to capital for an energy-efficiency plant upgrade is often the biggest hurdle to starting a project. Strategic energy saving investments are your best defense in financial control over higher utility bills. The following resources can help you find funding information and opportunities for an energy efficient upgrade.
SMALL BUSINESS ASSOCIATION
The Small Businsses Association offers financial assistance in the form of grants and loans for making energy efficient upgrades. Grants are also available to firms developing energy efficient technology. Click the link below and find the opportunities in Michigan. CLICK FOR SBA GRANT FUNDING OPPORTUNITIES
US DEPT. OF ENERGY: Tax Credits, Rebates and Savings
The mission of the Energy Department is to ensure America’s security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions. CLICK FOR MICHIGAN SPECIFIC DOE SAVINGS
DATABASE OF STATE INCENTIVES FOR RENEWABLES & EFFICIENCY (DSIRE):
Another great website is the Database of State Incentives for Renewables & Efficiency (DSIRE). As the name of the site suggests, DSIRE has information on incentives and policies that support renewables and energy efficiency in the United States. Click the link below and be directed to a comprehensive list of financial incentives in Michigan. DSIRE GRANT FUNDING OPPORTUNITIES