Commercial Energy Financing
Flexible financing for businesses, nonprofits and other organizations investing in energy efficiency and renewable energy projects.
Regenerative Energy Initiative provides flexible financing for commercial energy efficiency and renewable energy projects of $250,000 or more throughout Pennsylvania. Our financing solutions are designed around each borrower’s needs, helping businesses, nonprofits and other organizations invest in long-term energy improvements.
Financing Options for Smaller Projects
For projects below $250,000, we work collaboratively with a local organization, the National Energy Improvement Fund (NEIF), which offers financing solutions designed for smaller projects.
More Than Financing
Beyond financing, Regen provides project development and technical guidance to help organizations plan and implement energy improvements. Whether you’re exploring potential upgrades, evaluating project feasibility or preparing for implementation, our team can help move your project forward. These services are available independently or alongside Regen financing.
Financing Highlights
Our financing is designed to provide flexibility for qualifying energy projects. Depending on the project and borrower, financing may include:
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Up to 100% Project Financing
Financing may be available for up to 100% of eligible project costs.
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Competitive Interest Rates
Competitive rates help make energy improvements more financially accessible.
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Amortization Up to 20 Years
Extended repayment terms of up to 20 years may be available to help lower monthly payments.
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No Prepayment Penalty
Pay off your loan early without a prepayment penalty.
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Interest-Only Periods
Interest-only periods may be available for qualifying projects when appropriate.
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Flexible Lien Position
Regen may consider flexible lien arrangements, including subordinate positions, depending on the financing structure.
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Asset- and Cash-Flow-Based Lending
Financing may be structured based on the borrower, project, available assets and cash flow.
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Payments Aligned With Project Savings
Where feasible, financing can be structured so projected energy savings help offset loan payments.
What Can Be Financed?
Projects may include:
- HVAC upgrades
- Lighting and controls
- Building envelope improvements
- Solar and other renewable energy systems
- Energy-efficient equipment
- Other improvements that reduce energy consumption or generate renewable energy
To be eligible for financing, a project must meet at least one of the following criteria:
We work alongside banks, contractors, municipalities, and nonprofits to make sure every dollar answers a real need, and that the savings it produces land with the people and places that need them most.
- Reduce energy consumption
- Generate energy from a renewable source
- Replace a higher-emission energy source with a cleaner or more efficient energy source
flexible financing
Financing Designed Around Your Project
Energy projects are not one-size-fits-all, and their financing should not be either. We work with borrowers to understand the project, its expected energy and financial performance and the needs of the organization.
Depending on the project and underwriting, financing may include longer amortization periods, interest-only periods, flexible lien positions and other structures intended to help make project financing practical.
Where feasible, financing can also be structured so that estimated project savings exceed loan payments, helping organizations pursue energy improvements while managing the impact on operating cash flow.
All financing is subject to project eligibility, credit approval and underwriting.
application process
How to Apply
Our application process is designed to help us understand your organization, the proposed project and the financing requested.
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1. Check Project Eligibility
Review the eligible project types and financing criteria outlined above to determine whether your project may qualify.
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2. Complete Your Application
The application requests information about your organization, proposed project, requested financing and financial position.
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3. Gather Supporting Documentation
Prepare financial statements, project details and estimated energy savings or generation. See the application for full requirements.
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4. Submit Your Application
Submit the completed application, required supporting documentation and application fee for review.
BEFORE YOU APPPLY
Application Requirements
To help us evaluate your financing request efficiently, please prepare the following information and documentation:
- A nonrefundable $150 application fee
- Three years of business tax returns or CPA-prepared year-end financial statements
- An interim financial statement when applicable
- A schedule of business debt
- Applicable organizational documents
- A project proposal with quantified energy savings or energy generation
Additional financial information may be required for certain borrowers, ownership structures and financing amounts. Please review the loan application for the complete documentation requirements before submitting your application.
Incomplete applications cannot be processed.
Loan Approval Timelines
Our financing team reviews applications based on project size, complexity and documentation requirements. Financing requests under $250,000 are referred to our financing partner, the National Energy Improvement Fund (NEIF).
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Under $100,000
Referred to NEIF
Projects below Regen’s minimum financing amount are referred to NEIF for financing consideration. NEIF manages its own application and approval process. -
$100,000 to $250,000
Referred to NEIF
These financing requests are also referred to NEIF, which offers financing solutions for smaller commercial energy projects. -
Over $250,000
Reviewed by Regen
Regen directly evaluates financing requests of $250,000 or more. Review timelines depend on project complexity, financial documentation and underwriting requirements.
Financing That Creates a Broader Community Impact
The impact of an energy project can extend beyond the organization completing it.
Ten percent of the interest received from our Energy Efficiency and Renewable Energy financing supports the Nonprofit Weatherization Fund. The fund helps Pennsylvania nonprofit organizations address building weatherization and energy efficiency needs that can be difficult to finance through traditional sources.
By financing an eligible energy project with Regenerative Energy Initiative, borrowers can improve their own facilities and energy performance while also helping support energy improvements for nonprofits in communities across Pennsylvania.
The Mission of the Nonprofit Weatherization Fund
The fund grew out of our Nonprofit Energy Makeover Contest, which began in 2018. Through energy audits conducted for more than 40 Pennsylvania nonprofits, we identified a widespread need for weatherization improvements that many organizations lacked the resources to address.
By supporting the Nonprofit Weatherization Fund, our financing helps advance energy improvements beyond an individual project and provides nonprofits with resources to improve their facilities and strengthen their long-term financial sustainability.
Ready to Get Started?
If you are planning an energy efficiency or renewable energy project, we would be happy to discuss your financing needs and help determine whether your project may qualify.