Help with Energy Costs

With energy costs increasing, more energy efficiency projects may become cost effective. HCECDA's economic development partners TVA, our county's two power distributors, USDA Rural Development, area universities, and Tennessee Economic & Community Development offer programs to help identify and to help finance projects to make your business more energy efficient.

TVA Energy Information

USDA Rural Development
Rural Energy for America Program (REAP)

University of Memphis Tennessee Energy Institute

U.S. Department of Energy
Energy Efficiency and Renewable Energy

Tennessee Technological University
Tennessee 3-Star Industrial Assessment Center

University of Tennessee Institute for Public Service
Center for Industrial Services - Energy Management

Tennessee Dept. of Economic & Community Development
Office of Energy Policy

Tennessee Dept. of Economic & Community Development
Energy Grants, Loans, and Tax Incentives

For example, Tennessee Department of Economic & Community Development Energy Division has the Tennessee Small Business Energy Loan Program. Replacing inefficient heating, air-conditioning, old refrigeration units, motors, processing or manufacturing equipment and even updating lighting can bring significant savings.

Here is the really cool part, Tennessee ECD offers a low-interest loan program - up to $100,000 for a maximum of 7 years at 3% interest to finance these money-saving efficiency upgrades. But the really, really cool part -- businesses in Three-Star communities (yes, Hickman County just re-certified in the Three-Star program) qualify for 0% interest on the loan.

If you are a business or industry located in Hickman County, contact HCECDA for more information.