Buyer's Guide 2024

Pathway Energy Efficiency Loan Program

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Loan Program
Implementing Sector
State
State
Tennessee
Eligible Storage Technologies
Solar Photovoltaics, Combined Heat & Power, Lighting, Heat pumps, Air conditioners, Processing and Manufacturing Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval
Maximum Loan
$5 million
100% of cost
Loan Term
2% fixed up to 5 year term
5% fixed for 5-10 year terms
Repayment up to 10 years
All loan costs may be financed
No prepayment penalty
Loan recipients must complete a vendor proposal with detailed project energy savings
For local governmental entities: Up to 6 years of financing at 2% interest
Administrator
Pathway Lending Community Development Financial Institution
Applicable Sectors
Commercial, Industrial, Local Government, Nonprofit, Schools
Budget
$33 million
Start Date
08/01/2010
Last Updated
05/28/2021
Funding Source
State of Tennessee, U.S. Department of Energy, U.S. Economic Development Administration, Pathway Lending, Pinnacle Financial Partners and the Tennessee Valley Authority

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