VermontLoan Program
Agricultural Energy Loan Program
You getUp to $999999.9999
Apply on official siteView on DSIRE
Quick facts
- Incentive type
- Loan Program
- Amount
- Up to $999999.9999
- Administrator
- Vermont Agricultural Credit Corporation (VACC)
- Applies to
- State, Agricultural
- Technologies
- Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Combined Heat & Power, Landfill Gas, Equipment Insulation, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Heat recovery, Steam-system upgrades, Compressed air, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Siding, Roofs, Agricultural Equipment, Geothermal Direct-Use, Anaerobic Digestion, Fuel Cells using Renewable Fuels, Reflective Roofs, LED Lighting
Dates
- Source last updated
- June 18, 2025
About this incentive
The Agricultural Energy Loan Program (AELP), created through Act 87 in 2013, is administered by the Vermont Agricultural Credit Corporation (VACC). The AELP provides loans to agriculture- or forest-product-based companies for renewable energy and energy efficiency projects. The maximum loan amount is $5,000,000, and the percentage of the project funded by VACC is negotiable. Loans are provided at variable rates, although fixed rates may be available in some circumstances; current rates can be found here . Loan terms are determined on a case-by-case basis. Fees associated with AELP loans include a 1% commitment fee ($5,000 maximum and $250 minimum); a $30 credit report fee; if applicable, an appraisal fee; document recording fee, flood certificate fee and other out-of-pocket fees. Projects involving New Market Tax Credit (NMTC) have no maximum.
Data updated . Always confirm details on the official program website before applying. Programs change frequently.