Michigan Saves Business Energy Financing
We know that running a business is expensive. What if your business could save hundreds, or even thousands of dollars each month on your energy bill? With Michigan Saves financing, you can power your business with less energy. Upgrading costly HVAC systems, replacing old light fixtures, or even adding insulation to your commercial or multifamily building can help you save. As an authorized contractor through Michigan Saves, Green Home Energy clients can access this hassle-free, fast financing up to $250,000 for as low as 0% for up to 5 years!
Property Assessed Clean Energy (PACE) is an innovative way to finance larger energy efficiency and renewable energy upgrades to buildings, typically starting at $250,000. Interested property owners evaluate measures that achieve energy savings and receive 100% financing, repaid as a property tax assessment for up to 20 years. The assessment mechanism has been used nationwide for decades to access low-cost long-term capital to finance improvements to private property that meet a public purpose. By eliminating upfront costs, providing low-cost long-term financing and making it easy for building owners to transfer repayment obligations to a new owner upon sale, PACE overcomes challenges that have hindered adoption of energy efficiency and related projects in our nation’s buildings. Green Home Energy is a certified PACE contractor, and can help our clients access this amazing financing program.