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 firstname.lastname@example.org
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.
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.
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.