ReEnergize Ohio Promotes Improved Energy Performance - Innovate New Albany | New Albany, Ohio
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ReEnergize Ohio Promotes Improved Energy Performance

ReEnergize Ohio, a partnership between the State Treasurer of Ohio and eligible state banks is offering a interest rate reduction on loans to help small business improve their energy performance through energy-efficient upgrades to everything from heating and cooling to weatherization programs and renewable energy systems.

According to the Treasurer’s office, improving energy performance of a business or home can result in energy cost-savings that offset the costs of implementing the upgrades. ReEnergize Ohio:

  • Provides up to a 3% interest rate reduction on loans
  • Applies the interest rate reduction on up to $550,000 of a new or existing loan for four years
  • Requires that at least 50% of the loan proceeds be used for energy-efficient upgrades

For more details visit ReEnergize Ohio.

 

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