Energy Action Plan - Commercial and Industrial Businesses

Every business can find a way to cut costs, find financing and increase efficiency by accessing programs BizPicture1that save and improve energy use.

Resources and Tools

Start with a free visit with an advisor from the Xcel Energy Business Solutions Center who can help connect your business with the right programs and services.

Xcel Energy has resources for whole building energy audits and assessments. Learn more about those assessments, studies and and rebates available here.

DSC_0023Xcel Energy provides many cost-saving and energy saving business programs and solutions:


Business Energy Conversations

The City of Faribault and its large commercial and industrial uses are implementing a variety of energy efficiency measures.  With support from Xcel Energy’s Partners in Energy Program, the City of Faribault and Xcel Energy held an Energy Management Breakfast on April 19, 2018.  Representatives from Faribault’s industries and commercial uses shared their successes in implementing energy efficiency measures.  Representatives from our commercial and industrial uses are continuing to meet.  If you are interested in participating in these meetings, please contact David Wanberg, City Planner at 507-333-0350 or

Financing Opportunities

Commercial Property Owners

  • Property Assessed Clean Energy (PACE) is a way to finance energy efficiency and renewable energy upgrades for commercial property owners. PACE eliminates the burden of upfront costs by providing low-cost, long-term financing.
  • The Commercial Energy Efficiency Loan Program provides up to $100,000 in financing to businesses making cost-effective energy efficiency improvements.


  • Center for Energy and Environment’s Energy Savings Fund for Nonprofits, helps nonprofit organizations interested in making energy upgrades can apply for loans of up to $25,000 through the Energy Savings Fund for Nonprofits.

Project Financing

  • Trillion BTU financing can cover up to 100% of the costs for energy projects and is offered through a partnership between The Saint Paul Port Authority, Xcel Energy, the Center for Energy and Environment (CEE), the Minnesota Legislature and the U.S. Department of Energy, with Xcel Energy covering most of the program’s operating expenses.