0% Interest Assistance for Commercial & Industrial Energy Efficiency Projects
HG&E’s Commercial Energy Conservation Program provides businesses with the capital they need to make energy-saving improvements. This program provides assistance at 0% interest for the implementation of approved energy efficiency and renewable energy projects including, but not limited to, high efficiency systems.
Multi-family Assistance: Multi-family assistance is capped at $20,000 ($2,500 limit per unit). Please note that if you are applying for assistance for a non-owner occupied multi-family property, you must be a Holyoke resident.
Commercial Assistance: Commercial assistance is granted based on the potential energy savings of the proposed improvement. Requests greater than $5,000 require approval by HG&E's Board of Commissioners.
Assistance is repayable over 36 months for projects up to $2,000, 60 months for projects $2,001 or more, and 120 months for Solar PV projects. These monthly payments are conveniently included on your utility bill. Please note that a one-time processing fee of $100 and other restrictions apply. Eligibility for this program includes having an HG&E account with 12 months of clear history and city taxes must be current.
Eligible Energy Efficiency and Renewable Energy Projects:
HEATING & COOLING
|Central Air Conditioning||SEER 14.5 or greater|
|Gas Fired Warm Air Furnace||AFUE Rating >95%|
|Gas Fired Steam Boilers||AFUE Rating >82%|
|Gas Fired Hot Water Boilers||AFUE Rating >90%|
|Mini-split/Ducted Air Source Heat Pumps||SEER > 16|
|Mini-Split/Ductless Heat Pump||SEER > 18|
|Programmable and/or Wi-Fi Thermostat|
DOMESTIC HOT WATER
|Electric Hot Water Heaters||Energy Factor of 2.0 or higher|
|Gas Storage Water Heaters||Energy Factor of 0.67 or higher|
|Indirect Water Heater||Attached to a Gas Fired Boiler|
|Solar Hot Water Heater||SEF > 1.8 for electric back-up|
|SEF > 1.2 for gas back-up|
|Attic insulation||Final R-value shall not exceed R60 (should be between R49-R60, no lower than R38)|
|Wall insulation||Final R-value shall not exceed R15 (must be between R13-R15)|
|Floor insulation||Final R-value shall not exceed R30 (must be between R25-R30)|
|Basement insulation||Below grade wall should not exceed R25 (must be between R20-R25)|
|Heating & Hot Water Piping Insulation|
|Rim Joist Insulation|
|Replacement Windows||Energy Star Rated and U- Factor of .30 or less|
|Replacement Doors||Current Energy Star Rated, U-Factors Levels.|
|Solar Photovoltaic (PV)||Up to $10,000 - Note that solar financial assistance is available in addition to assistance for energy efficient home improvements, but maximum outstanding assistance granted to a customer is capped at a total of $10,000.|
ADDITIONAL ENERGY IMPROVEMENTS
Up to $10,000 - Note that solar financial assistance is available in addition to assistance for energy efficient home improvements, but maximum outstanding assistance granted to a customer is capped at a total of $10,000.
How to Apply: Get started by reviewing these step-by-step application instructions.