October 1 - 5, 2012

$1,000,000 to the Burlington Electric Department to assist in the establishment of an Energy Efficiency Revolving Loan Fund (EE RLF). The fund will provide on-bill loan financing for up to 150 commercial electric users seeking to make efficiency electrical improvements. Energy savings from these energy efficiency improvements will encourage business growth. This EDA investment is part of a $2,000,000 project that creates 18 new jobs and leverages $4 million in private investment. (EAA-RLF)