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NOPEC outlines grants, audits and PACE lending options for Lorain small businesses
Summary
Representatives from NOPEC described energy audits, grant assistance, tax credits and small‑business PACE lending and encouraged local businesses and nonprofits to apply for audits and funding under several statewide and federal programs.
Kyla Presto and Aaron Markovi of NOPEC gave Lorain council members an overview of NOPEC’s community investment, small‑business energy audit grants, and Property Assessed Clean Energy (PACE) lending tools and urged local small businesses and nonprofits to pursue audits and incentive programs.
The briefing matters because the programs NOPEC administers can reduce energy costs for small businesses, support investments in efficiency or solar, and provide low‑cost capital designed for smaller projects that traditional lenders often skip.
Presto, NOPEC’s relationship manager for Lorain, noted NOPEC is a governmental…
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