After facilitating the financing of over $400 million in home energy efficiency and solar upgrades over the past 5 years, the non-profit Electric & Gas Industries Association (EGIA) and Clean Power Finance Inc. recently announced plans to add business energy efficiency and renewable energy project financing to its GEOSmart Sustainable Financing Solutions. Upgrades eligible for financing include heating and cooling (HVAC) systems, lighting, solar PV and solar water heating applications, refrigeration and energy-efficient office equipment. Municipal tax-exempt leasing is also available for government and public agencies including schools, cities, hospitals and special assessment districts. Clean Power Finance will also be offering EGIA member contractors their Web-based estimating software (CPF Tools), which is designed to help installers grow, manage and close more business for residential and commercial bids.

Financial services include leasing and property-based commercial loans, residential refinancing, second mortgages and home equity lines of credit. The program will be delivered through manufacturers, distributors, utility companies and EGIA’s nationwide contractor network, and it will provide small businesses and retail facilities, larger commercial and industrial facilities and homeowners with unsecured, secured and commercial financing options of up to 100% financing for projects that range in cost from $10,000 up to $2 million or more, with leasing terms up to 7 years.

• Learn more about the GEOSmart Commercial Financing Program
• Read background (PDF, 35 KB) from the EGIA and Clean Power Finance
• Related: “GE Money, Electric & Gas Industries Association Launch Nationwide Energy Efficiency and Solar Financing Program” (e-Newswire, 5/16/07)
• Find rebates, incentives and services for the commercial sector by ZIP code with Flex Your Power’s Rebate Locator