The Michigan Agency for Energy (MAE), through the Michigan Energy Office (Energy Office), is offering small businesses, currently located in Michigan, financial assistance for energy efficiency upgrades and renewable energy project implementation. This effort is directed at businesses that are seeking to upgrade and/or install clean energy technologies. One million five hundred thousand ($1.5M) is available for eligible projects. Loan requests should be between $50,000 - $350,000 and are limited to supplies, materials and equipment purchases only.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Michigan |
| Incentive Type: | Loan Program |
| Web Site: | http://www.michigan.gov/energy/0,4580,7-230-72052_72054_73823---,00.html |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Maximum Loan: | $350,000 |
| Interest Rate: | 2-4% fixed interest rate |
| Name: | MCL § 460.911 et seq. |
| Date Enacted: | 01/08/2010 |
| Name: | Robert Jackson |
| Organization: | Energy Office, Michigan Agency for Energy |
| Address: |
7109 W. Saginaw Highway Lansing MI 48917 |
| Phone: | (517) 284-8333 |
| Email: | Jacksonr20@michigan.gov |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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