City of Montpelier, Vermont

Net Zero Revolving Loan Fund

Montpelier’s goal is to become the first state capital to produce or offset all of its energy needs from renewable energy sources by 2030. The Net Zero Revolving Loan Fund was established by City Council in 2016 for the purpose of financing municipal energy efficiency and renewable energy investments in the City. The Fund is administered by City staff with the support of the Montpelier Energy Advisory Committee, which is tasked with spearheading the city’s Net Zero Montpelier initiative. The purpose of the Net Zero Revolving Loan Fund is to capture and track savings from sustainability projects and to utilize part of those savings for subsequent projects. In addition to funding stand-alone energy efficiency and renewable energy projects, the City can also use the fund to pay the marginal costs of efficiency improvements within larger capital projects.