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Powering your Business with Less Energy

Powering your Business with Less Energy. What Is Michigan Saves?. Affordable financing for energy-efficiency and renewable energy For businesses and homeowners statewide Municipal financing under development Nonprofit organization Public private partnership

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Powering your Business with Less Energy

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  1. Powering your Business with Less Energy

  2. What Is Michigan Saves? • Affordable financingfor energy-efficiency and renewable energy • For businesses and homeowners statewide • Municipal financing under development • Nonprofit organization • Public private partnership • Seed funding from state and US DOE • Sustainable model to continue and grow program

  3. Business Energy Financing Commercial financing ($2,000−$150,000) for energy efficiency improvements through Ervin Leasing Statewide All types of businesses eligible Below market rates Flexible terms up to 5 years Fast, easy process Low fees

  4. Typical improvements Lighting HVAC Refrigeration Kitchen/cooking equipment Controls and preventative maintenance Insulation, windows, and doors Photography by Marvin Shaouni

  5. Special Offer for Food Industry • Fixed 3.99% promotional rate • Plus…businesses get $2,000 cash back if cut energy use by 20% (requires energy audit) • Applies to: • Restaurants • Grocery and convenience stores • Food wholesalers Photography by Marvin Shaouni

  6. How it Works – easy as 1-2-3 Find an authorized contractor at www.MichiganSaves.organd identify energy-saving upgrades. Apply for financing through Ervin Leasing and sign financing agreement. Contractor installs upgrades and gets paid by Ervin Leasing after work is completed.

  7. For more information For businesses interested in financing or contractors, contact Michigan Saves and we'll walk you through the process. Todd O'Grady, Michigan Saves Program Coordinator 734-494-2126 or togrady@michigansaves.org Or fill out a short form online at www.MichiganSaves.org

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