Business Financing Programs
Oakdale offers a number of energy-related financing programs to local businesses, alone or in partnership with other local financing organizations.
Building Rehabilitation Loan Program
Low-interest financing for commercial and industrial properties for qualifying structural, exterior, site and energy efficiency improvements. Loan maximum of $50,000, dependent on project size. View the Building Rehabilitation Loan Program policy and Application. For more information, please email Jen Hassebroek or call her at 651-730-2723.
Minnesota Property Assessed Clean Energy (PACE)
The City offers MinnPACE loans to local businesses for qualifying energy efficiency or renewable energy projects in partnership with the Saint Paul Port Authority (visit the Saint Paul Port Authority website). Loan repayment is collected through a special assessment on the property, and is structured for an immediate cash savings. For more information or to apply, call MinnPACE at 651-223-8038.
In partnership with the Saint Paul Port Authority, businesses can access Trillion BTU loans for qualifying energy improvements. Loans are structured to be cash flow positive, with up to 100% financing available. To learn more or apply, visit the Trillion BTU website.
Business Waste and Recycling Programs
Save money by learning ways to prevent waste. Visit the BizRecycling website.
Minnesota Waste Wise
Minnesota Waste Wise is a Minnesota Chamber of Commerce program with environmental consulting to help businesses and organizations save money through waste reduction, resource conservation, and energy efficiency. Visit the Minnesota Waste Wise website.
Sustainable Development Tools
Oakdale encourages and supports development that is high-quality and sustainable. Sustainable development conserves energy and natural resources in the community.
Generation Green Building Program
New commercial construction or major expansion/renovation projects are eligible for a reduction in building permit fees if they commit to specific sustainable design strategies. View the Generation Green Building brochure, or email Jen Hassebroek or call her at 651-730-2723.
Green Lease Addendum Template
Multi-tenant buildings may have difficulty investing in energy efficiency improvements due to the split incentive between building owner and tenants. View a draft Green Lease addendum here for building owners and tenants to use to equally share in the costs and benefits of energy improvements.
Xcel Energy has a number of energy services and rebates available for commercial customers. For more information, visit the Xcel Energy website.
Energy Smart helps Minnesota businesses and organizations identify cost-effective ways to lower energy use and connect to valuable financial incentives, such as utility rebates, grants, and low-interest financing. Energy Smart services are available at no cost. Visit the Energy Smart website.
Energy Star offers a number of tools for business owners including Portfolio Manager, an interactive resource management tool that enables you to track and assess energy and water use across your entire portfolio of buildings in a secure online format. Visit the Energy Star website.