Regional Incentives

REDC Revolving Loan Program

The Rutland Economic Development Corporation (REDC) provides fixed rate loans through its Revolving Loan Fund. REDC’s Revolving Loan Fund provides businesses with loans typically between $10,000 and $150,000. These loans are generally repaid over a five year period at favorable fixed rates.

Green Mountain Power Economic Development Incentive Program

Green Mountain Power (GMP) can offer economic incentives to new or expanding commercial customers and can offer discounts that start at one level and shrink, typically over five years. The exact details of the discount would depend on the customer load, expansion, etc. and the actual cost of providing the new service.

Efficiency Vermont

In partnership with GMP, Efficiency Vermont (EVT) can help with energy efficiency projects and analysis. GMP's E-Biz Program can provide detailed help and support to make a building highly efficient, including heating and electrical. GMP and EVT can also help with renewable energy development if desired and partner with interested business owners to make a super-efficient facility a reality. The best place to start would be with a visit from one of GMP’s Ebiz experts, who can work to develop a package of possible incentives in addition to EDIP rates. Efficiency Vermont provides technical assistance, rebates, and other financial incentives to help Vermont households and businesses reduce their energy costs with energy-efficient equipment, lighting, and approaches to construction and major renovation.