VECAN Webinar: New Vermont Bond Bank Loan Program

VECAN Winter Webinar Series: New Vermont Bond Bank Loan Program: A Significant Cost and Pollution-Reducing Opportunity for Communities
The Vermont Bond Bank has $40 million to deploy in Vermont through a new and exciting loan program now available to Vermont municipalities. The Energy Efficiency and Renewable Energy Program is a low cost loan program (~2%) for units of government to undertake energy projects. These flexible and low-cost loans can help align incentives for communities to enhance both financial and environmental sustainability while also helping to unlock incentives within the Inflation Reduction Act, including "elective pay," which provides refundable tax credits to governments on improvements like solar.
This webinar (recorded on January 29, 2025) provides an in-depth overview of the Bond Bank’s loan program. Learn how your community might access this opportunity to advance and help pay for your priorities, and hear how the Charlotte Energy Committee helped successfully set the table for their town to access the powerful money-saving combination of a Bond Bank loan with other incentives to install solar on their new town garage, meeting current demand from the garage and almost all other town meters.
Presenters:
Michael Gaughan, Executive Director, Vermont Bond Bank
Deirdre Holmes, Chair, Charlotte Energy Committee