ReEnergize Ohio

Incentive type: 
Energy Efficiency
Technologies: 

Solar, Water, Heat, Wind, Geothermal, Geothermal Heat Pumps, Select Appliances, Water Heaters, Heating and Cooling Systems, Lighting, Insulation

Date: 

Launch Date : September 2012

Sectors: 
Commercial
Amount: 

ReEnergize Ohio offers up to a 3% interest rate reduction on new or existing small business loans when at least 50% of the loan proceeds are used to implement energy-efficient upgrades.  Small businesses may apply the interest rate reduction on up to $550,000 of the loan amount for a term of four years. 

Contact Information: 
State Treasurer of Ohio
Economic Development Department
30 E. Broad Street, 9th Floor
Columbus, Ohio 43215-3461

(800) 228-1102
ReEnergizeOhio@tos.ohio.gov
www.ReEnergize.Ohio.gov

Small business owners must meet the following requirements:

  • MUST have headquarters in Ohio
  • MUST have less than 150 employees
  • MUST have a majority of employees be Ohio residents
  • MUST maintain offices and operating facilities exclusively in Ohio
  • MUST use at least 50% of the loan proceeds for qualifying energy-efficient upgrades; the other 50% can be used for other business expenses
  • MUST be able to save or create jobs in Ohio