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Mountain Association for Community Economic Development - Energy Efficient Enterprise Loan Program

Eligibility 
Commercial
Industrial
Local Government
Nonprofit
Schools
Installers/Contractors
Institutional
Savings Category 
Solar Water Heat
Geothermal Electric
Solar Thermal Electric
Solar Photovoltaics
Wind (All)
Geothermal Heat Pumps
Daylighting
Clothes Washers
Dishwasher
Refrigerators/Freezers
Dehumidifiers
Ceiling Fan
Water Heaters
Lighting
Chillers
Furnaces
Boilers
Heat Pumps
Air conditioners
Compressed air
Caulking/Weather-stripping
Duct/Air sealing
Building Insulation
Windows
Siding
Roofs
Agricultural Equipment
Other EE
Wind (Small)
Hydroelectric (Small)
Reflective Roofs
LED Lighting
Commercial Refrigeration Equipment
Program Info
Sector Name 
Local
Administrator 
Mountain Association for Community Economic Development (MACED)
State 
Kentucky
Program Type 
Loan Program
Summary 

The Mountain Association for Community Economic Development (MACED) offers loans to small and mid-sized businesses, non-profits, schools and municipalities to improve energy efficiency through its Energy Efficient Enterprises program. Commercial loans can be used to purchase a wide-variety of equipment and to pay for energy efficiency upgrades and renewable energy installations. The micro-loans (up to $50,000) may be used for lighting upgrades and the purchase of energy efficient appliances. The program is flexible; the loans are designed to finance energy efficiency projects that maintain a positive cash flow due to the resulting energy savings. MACED has an energy specialist on staff to provide technical assistance to businesses and/or building contractors.

There is also financing available to pay for training, certification, travel and exams for installers of energy efficient and renewable energy systems.

Commercial loans are made throughout MACED's service area, which includes 54 Appalachian counties in Kentucky (as designated by the Appalachian Regional Commission).