News Release

Contact: Sarah McKenzie, 612-673-2786

Businesses and organizations can get City funding for energy efficiency investments

Save on energy bills, reduce air pollution

April 18, 2017 (MINNEAPOLIS) The Green Business Energy Efficiency Cost Share Program helps businesses pay for natural gas and electric energy efficiency investments in their properties. There is a clear connection between pollution from energy used, environmental impacts and health in communities. The funds for the program come from pollution control fees that businesses pay to the City. Funding is limited; all projects are first come, first served.

In less than a year, 25 businesses have already applied for the Green Business Cost Share Energy Efficiency Program. Their projects have resulted in an annual 2.75 million kWh of electricity savings, 14,000 therms of natural gas savings and 1.03 million gallons of water reduced. These organizations are saving an estimated $250,000 annually total.

More resources

These programs may be combined with a 2 percent loan for equipment and building improvements through the City’s small business loan program.

Projects must also qualify for rebates from Xcel Energy and/or CenterPoint Energy.

 

 

 

Published Apr 18, 2017

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