Trillion BTU Loans
Affordable Funding for Energy Projects
Looking to make energy upgrades that save money? The Saint Paul Port Authority offers revolving loans for cash-flow positive projects under $1M, including energy efficiency and renewable energy improvements. Pay back monthly or structure your loan with our PACE tool, either way, it’s simple and flexible.
Financing That Pays You Back
Trillion BTU Loans make energy upgrades affordable for small to mid-sized projects and they’re cash flow positive, meaning your energy savings meet or exceed the cost of the improvements.
Cash-flow positive.
Combine with Xcel rebates.
Up to 100% financing.
Low interest rates & long terms.
Flexible repayment.
How Much You Can Borrow & For How Long
Trillion BTU loans are designed for small to medium-sized projects, with straightforward terms:
Loan amount: $25,000 to $1,000,000
Interest rate: Set quarterly (currently 5.0%)
Term length: Up to 10 years
Is Your Project Trillion BTU Eligible?
To qualify for the Trillion BTU Loan Program, projects must meet the following requirements:
Property types
Commercial, industrial, multi-unit housing, nonprofits, and agricultural
Eligible improvements
Energy efficiency and renewable energy upgrades
Project scope
Retrofits and gut rehabs (not available for new construction)
Energy savings
Projected savings must equal or exceed the loan amount over the useful life of the improvement
Compliance requirements
Prevailing wage reporting, historic preservation approval, and environmental review
PACE alignment
For Trillion BTU loans structured as PACE, MinnPACE eligibility rules apply
Collateral
Monthly-payback loans require collateral
Save Even More!
Pair your MinnPACE financing with Xcel Energy rebates to cut project costs even further and get the most out of your energy efficiency investment.
Understanding the Fees
The Trillion BTU Loan doesn’t charge administrative fees. The cost of issuing the loan is built right into the interest rate.