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Let our experts help your business save money. Our Energy FinAnswer program helps commercial and industrial customers upgrade
their facilities to become more energy-efficient. Not only will we provide advice on energy-efficient lighting, compressed
air systems, refrigeration systems, heating and cooling systems, pumping systems and more, we also can help finance your upgrades.
How it works
If you want to improve your business’s energy efficiency, we can provide you with the technical expertise and financing to
make it happen.
With our help, you’ll be able to retrofit existing equipment and systems or upgrade those still in the planning stages. From
the outset, our experts will work closely with you and your team.
If you elect to use our financing option, an energy services charge will appear as a separate line item on your monthly utility
bill upon project completion. You’ll see that your energy savings can soon make the projects pay for themselves.
To ensure that your upgrades are saving you money, we perform a post-installation inspection. For larger, complex upgrades,
commissioning support is available to ensure maximum performance.
There’s no initial expense or obligation on your part.
The benefits
Read on to learn more about the benefits of using Energy FinAnswer:
- Energy analysis — This comprehensive study provides recommendations for specific energy efficiency upgrades and a projection
of expected energy savings and implementation costs.
- Quality control — We use an independent third party engineering firm to provide quality control throughout the process.
- Financing — You can choose to finance these measures with your own source of funds or consider our funding. The funding for
cost-effective measures are based on the projected annual kilowatt-hours (kwh) saved. After the measures are installed and
inspected, an Energy Services Charge will be added to your monthly bill to repay our funding plus interest. Our rates are
competitive with other offers in the marketplace. Complete financial details will be available after we receive and approve
your credit application
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Interest Rate
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| Loan Term
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Resource
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Supplemental
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| 5 years or less
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6.34%
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8.84%
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| 6-8 years
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6.36%
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8.86%
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| Over 8 years
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7.89%
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8.89%
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For existing facilities
After signing a Letter of Intent
, we’ll work with you to develop a scope of work. The scope of work will be used to select an energy consultant for the energy
analysis. After selection is made, this professional team will go on-site and conduct a thorough technical analysis and quantify
the energy savings potential.
If design assistance is appropriate for your project, you will be asked to sign an interim agreement, the Design Agreement
, enabling us to move forward to the design phase.
If you choose to take advantage of our financing, you will be asked to sign the Energy Services Agreement. Payments may be
made on a progress basis or as a lump sum upon installation of the energy efficiency measures and project completion.
For new facilities
If you’re planning on building a new facility or starting a major renovation, the procedure is different. To establish a baseline
for energy savings, we’ll work with your existing engineering firm during the initial design stages. We’ll conduct a high-quality
study to identify energy efficiency measures that will improve the energy efficiency of the design. In addition, we’ll pay
for the cost of the study.
After a comparison is made and if there is a redesign of existing plans (if required), we may provide funding for the incremental
costs of the measures.
You’re in charge
Remember, once you make a commitment, you remain in control. You choose the technologies and the manufacturers. You choose
the contractors with whom you’ll be working. We will act as your partner to provide advice when you need it.
From analysis through installation, our intent is to work within your planning and construction schedule. Think of us as an
extension of your own team – we are there to offer information, confirmation and added options to help you install successful
energy saving measures.
Before you start your project:
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