EWEB Business Growth & Retention program
Whether you're establishing a new business or expanding existing operations,
EWEB is committed to assisting customers with financing options for utility
EWEB wants to help growing operations avoid unexpected expense and safety hazards.
EWEB's is available to provide new or expanding operations with
confidential technical help, HVAC and lighting design assistance and more.
EWEB's program offers two opportunities to help your new or expanding business.
- Business growth & retention rate
This rate is designed to encourage smart growth, which encourages local economic development and benefits
all EWEB customers. The rate is calculated only on energy charges, and it is effective for three years. To qualify,
applicants must have new or additional load of 200KW minimum served through a single metering point.
- Facility loan
Loans can help with the upfront cost of water, electric and telecommunication services associated with a new or
expanding business. These costs may include utility equipment purchases, as well as associated EWEB construction,
engineering services and connection fees. Loan amounts for qualified projects can be up to $500,000 with terms up to five years
and a 4% interest rate. Applicants must have established credit worthiness and demonstrate the ability to meet loan repayment
EWEB designed the Business Growth & Retention program to help attract and encourage business development in
our community. Funding varies by project and is determined based on project economics.
EWEB also offers a variety of to encourage the efficient use of electricty in commercial buildings.
To qualify for EWEB's Business Growth & Retention program, customer projects will be reviewed
considering the benefits your development may contribute to our community's economic, social and environmental vitality.
or call (541) 685-7160.