Direct Loan Program (Vermont)

From Open Energy Information


Last modified on August 6, 2011.

Financial Incentive Program

Place Vermont

Name Direct Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial
Eligible Technologies Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Water Heaters, Duct/Air sealing, Building Insulation, Processing and Manufacturing Equipment, Custom/Others pending approval
Active Incentive No
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount 40% of cost of project

Maximum Incentive 800,000 for land and buildings; 500,000 for equipment and machinery

Terms Below market interest rate; Maximum term of 10 years for real estate, and seven years for equipment
Program Administrator Vermont Economic Development Authority

References DSIRE[1]


This is a state-funded loan program for commercial and industrial entities to support land purchases, building construction, and the purchase and installation of machinery and equipment. Energy efficient equipment is not specifically mentioned in the program details, but the loan covers equipment improvements and purchases, which is inclusive of high efficiency measures, such as improved insulation, duct work and efficient appliances.

To apply for this loan, complete the application found on the program website above. However, prior to completing the application, VEDA recommends contacting the program administrator to discuss individual projects and their eligibility for loans.

Incentive Contact

Contact Name Public Information Officer
Department Vermont Economic Development Authority
Address 58 East State Street, Suite 5
Place Montpelier, Vermont
Zip/Postal Code 05602
Phone (802) 828-5627


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"