Every business can find a way to cut costs, find financing and increase efficiency by accessing programs that 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.
Xcel 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 email@example.com
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.
- 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.