General Funding Opportunities for Municipalities

• Vermont Bond Bank Pooled Loan Program – This is a loan program that municipalities can use to conduct various types of energy projects at interest rates lower than most municipal bonds. Voter approval is required to secure the loan.
• Municipal Leasing — The most commonly used type of municipal leasing is called a ‘tax-exempt lease-purchase agreement.’ This is essentially a rent-to-own arrangement where municipalities can use the utility savings garnered by their new, energy-efficient equipment to pay for that equipment over time.
• Performance-Based Contracts — This type of contract typically guarantees that the client achieves energy savings that are equal to or greater than the payments they make to the contractor. These contracts often include performance monitoring and maintenance in addition to installation.

Updated August 2024.