Commercial Energy Efficiency Loan Program

The CEE Commercial Energy Efficiency Loan Program provides financing to businesses making cost effective energy efficiency improvements.

Thanks to local partnerships, we offer special programs and incentives for several Minnesota cities and neighborhoods. Call Steve at 612-335-5851 to make sure you get the best deal for your area.

Commercial Energy Efficiency Loan Application (PDF)



Limited time offer for businesses who have worked with the One-Stop Efficiency Shop® or Xcel Energy's Commercial Refrigeration Efficiency program can receive:

  • 1% interest, limited time offer for loans equal to or less than a five year term

  • $100,000 maximum loan amount

  • 5.99% interest for loans greater than a five year term   


Program Terms for all Minnesota Commercial Properties

  • 4.99%* fixed interest rate for loan terms up to 5 years

  • 5.99%* fixed interest rate for loan terms greater than 5 years 

  • No prepayment penalty

  • $100,000 maximum loan amount

  • Closing costs apply

  • Loans must be personally guaranteed and/or secured with a mortgage


Eligible Borrowers

A sole proprietorship, partnership, nonprofit, corporation or other business entity which is the owner and/or tenant of an eligible property within the State of Minnesota.


Eligible Property

An existing commercial property located in the State of Minnesota


Eligible Improvements

Improvements including, but not limited to:

  • Lighting technology upgrades

  • HVAC controls and upgrades 

  • Solar photovoltaic systems

  • Refrigeration equipment replacement and upgrades

  • EV charging stations


Loan Documentation Needed to Begin the Application

  • Completed loan application

  • Articles of Organization, Bylaws, Certificate of Incorporation, Borrowing Resolution

  • Two years financials and/or tax returns for business

  • Written consent from property owner for tenant to do work on the property (if owner is not the loan applicant)

  • Estimate(s) for proposed work to be done


*Interest rates subject to change