One-Stop Efficiency Shop® financing helps customers go further with upgrades

 

The One-Stop Efficiency Shop® lighting rebate program is designed to provide all the tools and resources you need to help your customers upgrade to a more efficient lighting system that saves energy and meets the needs of their space.

In addition to rebates and services, One-Stop offers financing products for business owners who are looking for help funding their lighting project:

Commercial Energy Efficiency Loan for Minnesota businesses
- Interest Rate: 3.9% up to 60 months or 5.99% from 61-120 months
- Maximum Loan: $100,000
- No prepayment penalty
- Closing costs apply

Energy Savings Fund for Minnesota nonprofits
- Interest Rate: 0%
- Maximum Loan: $25,000
- No prepayment penalty
- Maximum Term: 5 years
- Income Limit: None
- Fees: None

Loan payments for projects with paybacks of five years or less are structured to match monthly energy savings, resulting in a neutral cash flow for the business owner. In 2019, One-Stop will facilitate $7 million in rebates to participating businesses. For more details on these products or on the rebates and services offered through One-Stop, contact Cindy Kelly at 612-244-2427 or ckelly@mncee.org.