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The Mountain BizWorks Electrify Fund is designed to make clean energy and efficiency savings more attainable for WNC businesses and non-profit organizations than ever before.
Our goal is to help you pay as you save, with monthly bill reductions at least covering your project costs. If your organization is interested in reducing and controlling your energy expenses, having more reliable power, and decreasing your environmental impact, read more about our program below to find out how we can help you meet your goals.
Eligibility
- The Electrify Fund is available to WNC-based businesses, nonprofits, and local governments.
- Businesses based in primary residences are not eligible. (Click here for homeowner resources)
Loan Terms
- Up to $1 million.
- Rates for qualifying areas start at 3.9%.
- Interest-only payments during construction.
- Patient loan terms to match repayment with project benefits.
Benefits
- Rapid loan decisions and funding
- Lower rates for qualifying low-income census tracts
- No minimum credit score
- No prepayment penalties
- Ability to lower monthly payments with rebates/incentives
Let’s Make Your Project a Reality
Ready to Secure Funding?
If you have an eligible project and would like to discuss financing options with the Electrify Fund Team, reach out to us today.
Apply for Funding
Need Help Getting Started?
If you are interested in clean energy or energy efficiency for your organization but don’t know where to start, the Electrify Fund Team can help with an energy audit to see what projects would be best for you or connect you to a network of reputable local contractors.
Find Project Resources