Ottawa County launches loan program for businesses for energy efficiency improvements – HollandSentinel.com


Sentinel Staff
| The Holland Sentinel

WEST OLIVE– A brand-new program used by Ottawa County will certainly permit regional services to gain access to long-lasting lendings for making renovations connected to power intake.

During its Tuesday, June 8, conference, the Ottawa County board of commissioners elected with one voice to develop the Property Assessed Clean Energy program. Speed will certainly permit homeowner to look for choices to small business loan when funding green-energy upgrades.

Via PACE, proprietors of qualified industrial, commercial, or multi-unit (4 or even more) house can end up being much more lasting. Nonprofits, holy places, as well as farming business might additionally be qualified for PACE.The PACE program assists company owner safeguard a finance for approximately 25 years to cover renewable resource or energy-efficient renovations by connecting a volunteer unique evaluation to the home whereupon the enhancements were made. The finance is made to the land, not the homeowner. Eligible homeowner can obtain 100 percent funding for making power effectiveness and also renewable resource upgrades to their frameworks.

Source: https://www.hollandsentinel.com/story/news/politics/government/2021/06/13/ottawa-county-launches-energy-efficiency-loan-program/7634707002/

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