Financing & Funding
While most of the energy initiatives you undertake are cost-effective and result in a profitable return on investment, selected projects and initiatives may require modest start-up funds to implement and sustain. Securing funds and resources needed to undertake projects may make your Selectboard more receptive to suggested energy-saving campaigns, methods, and policies.
There are a wide variety of potential financing and funding sources available to support local efforts. To view all publications we have on financing and funding, click HERE. Below, find some suggestions on where you might start to look for those start-up funds.
The Net Zero Revolving Loan Fund was established in 2016 to help finance municipal energy efficiency and renewable energy investments in the City. The Fund is administered by City staff with the support of the Montpelier Energy Advisory Committee, which is tasked with spearheading the city’s Net Zero Montpelier initiative. The Net Zero Revolving Loan Fund is aimed at capturing and tracking savings from sustainability projects and utilizing some of those savings for subsequent projects. In addition to funding stand-alone energy efficiency and renewable energy projects, the City can also use the fund to pay the marginal costs of efficiency improvements within larger capital projects.
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VNRC's Small Grants for Smart Growth
Small Grants for Smart Growth, launched in 2018, provide seed money for community-based initiatives related to smart growth. Read more
Clean Energy Development Fund Increases Support for Modern Wood Heat
The CEDF was started in 2005 to develop and deploy cost effective and environmentally sustainable electric power and combined heat and power technologies. Read more
NEGEF Offers Small Grants to Community Projects
The Grassroots funds offers Grow Grants of up to $3500 twice a year (March and September). These grants are designed to help established groups grow and expand their impact. They also have seed grants for groups just starting out of up to $1,000. Read more
Explore Efficiency Vermont’s Financing Opportunities
Efficiency Vermont offers assistance in finding loans and has a wide variety of rebates.
Green Stimulus Program
The Green Stimulus Program, first launched in June 2020, offers incentives for technologies including heat pumps, heat pump water heaters, electric vehicles (EVs), and more. Read more
Green Mountain Power
Green Mountain Power offers rebates and incentives for electric vehicles, heat pumps and more to help customers save money and reduce carbon emissions. Read more