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Incentives/Policies for Energy Efficiency

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Madison Gas & Electric - Commercial Energy Efficiency Loan Program   

Last DSIRE Review: 10/14/2014
Program Overview:
State: Wisconsin
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Water Heaters, Lighting, Furnaces , Custom/Others pending approval, Commercial Refrigeration Equipment, Food Service Equipment
Applicable Sectors: Commercial, Industrial
Amount:$5,000 and larger
Maximum Incentive:Loans over $100,000 are continuous instead of annual
Terms:Rate: fixed annually or floated with LIBOR
Repayment: up to 10 years
Web Site:

Madison Gas and Electric (MGE) offers business customers a loan for energy efficiency projects. Customers use a Shared Savings Loan from MGE to finance improvements, with the money saved from improvements used to offset the cost of repaying money provided by MGE.

Projects must be over $5,000 to qualify and can cover equipment replacements, facility improvements or new construction. Interest rates are either fixed annually or floated with the LIBOR.  Interest rate resets will be conducted annually in April of May.  Monthly repayment billings appear as line items on participants' energy bills. Participants will have to pass a credit review and provide project information. Contact MGE for more information regarding this program.

  Business Helpline
Madison Gas and Electric
133 South Blair Street
Madison, WI 53701-1231
Phone: (608) 252-7007
Phone 2: (608) 252-7000
Fax: (608) 252-7098
Web Site:
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2014 - 2015 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.