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GrowNOW is a program provided by the State Treasurer's office for small business owners. Small businesses that can commit to creating or retaining jobs in Ohio can receive a two-year, 3% interest rate reduction on new or existing loans.

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ReEnergize Ohio Contractors

Who can install energy-efficient upgrades?

If installation is necessary to implement your energy-efficient upgrades, upgrades can be installed in a number of ways, contingent on the lender’s approval.

Self-Installation: A borrower may install their own upgrades with proper documentation. For self-installations, the Ohio Treasury requires copies of all receipts pertaining to the project. When applying to the ReEnergize Ohio program, all receipts will need to be turned in with the completed application.

General Contractors: The Ohio Treasury does not recommend or require specific general contractors  be used  to participate in ReEnergize Ohio.  Contingent on the lender’s approval, the small business owner can select any contractor to perform the installation, retrofit, or facility rehabilitation.

Performance Contractors: Performance contractors may also be used by small businesses, contingent on the lender’s approval. Energy performance contracts guarantee a certain amount of savings on the cost of energy and water expenses that will help offset some of the costs of facility and infrastructure renewal projects. With the help of performance contractors, you can reduce your facility’s operating costs and improve the condition and value of your building and production assets. Many of these companies offer services that improve building systems and equipment efficiencies and reduce operational costs, while ensuring environmental quality and occupant comfort is maintained.  

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