New Jersey S3567 allows small businesses to qualify for loans from EDA for energy audits and energy efficiency improvements.

New Jersey S3567 requires the New Jersey Economic Development Authority to establish a program that provides low-interest loans to eligible small businesses for energy audits and energy efficiency or conservation improvements. The bill defines "eligible small business" as a business entity that is independently owned and operated, operates primarily within the state, and satisfies other criteria established by the authority. The loans cover 100 percent of unreimbursed costs for an energy audit and the purchase and installation of energy efficiency or conservation equipment.

New Jersey S3567 allows small businesses to qualify for loans from EDA for energy audits and energy efficiency improvements.

New Jersey S3567 requires the New Jersey Economic Development Authority to establish a program that provides low-interest loans to eligible small businesses for energy audits and energy efficiency or conservation improvements. The bill defines "eligible small business" as a business entity that is independently owned and operated, operates primarily within the state, and satisfies other criteria established by the authority. The loans cover 100 percent of unreimbursed costs for an energy audit and the purchase and installation of energy efficiency or conservation equipment.