MassSAVE - Financing for Business Program (Massachusetts)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Massachusetts

Name MassSAVE - Financing for Business Program (Massachusetts)
Incentive Type Utility Loan Program
Applicable Sector Commercial, Multi-Family Residential, Nonprofit
Eligible Technologies Compressed air, Custom/Others pending approval, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, Processing and Manufacturing Equipment, LED Exit Signs, Unspecified technologies
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Varies

Maximum Incentive $100,000

Terms Rate: Prime plus 100 basis points (6.25% floor)

Repayment: Up to 7 years

Program Administrator MassSAVE

References Database of State Incentives for Renewables and Efficiency (DSIRE)[1]


Business customers of Berkshire Gas, Cape Light Compact, Columbia Gas of Massachusetts, National Grid, New England Gas Company, NSTAR, Unitil and Western Massachusetts Electric Company may be eligible for low-interest financing to help increase the energy efficiency of their businesses and nonprofits. Customers must have a qualifying project that is pre-approved by the local utility or energy efficiency provider and must use a pre-approved lender. A list of participating lenders is available on the program web site.

Incentive Contact

Contact Name HEAT Loan Program
Department MassSAVE

Place Boston, Mass
Phone (866) 527-7283


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


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