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Velocity Credit Union Small Business Program is sponsored by Velocity Credit Union (in partnership with Austin Energy). Austin Energy small business customers may qualify for low- or no-interest loans from Velocity Credit Union. These loans can be used to upgrade systems that improve comfort and reduce utility bills, such as HVAC replacement, LED lighting, and custom technologies.
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Get Help with Energy-Saving Improvements for Your Business Affordable financing is available to fund energy efficiency upgrades for your business. Combine with Austin Energy rebates to reduce your overall cost. Velocity Credit Union Small Business Program Austin Energy small business customers may qualify for a low- or no-interest loan from Velocity Credit Union.
Use your loan to upgrade systems that improve comfort and reduce utility bills. Eligible improvements include: Commercial kitchen equipment Property improvements and many more See the full list of eligible improvements . Contact Austin Energy’s Small Business Rebates team to get started.
Austin Energy will review your project to determine eligibility. Once Austin Energy has confirmed your eligibility, you will complete a loan application with Velocity Credit Union. Velocity Credit Union will review your application and make the final decision.
Velocity Credit Union Small Business program loans are available only to Austin Energy commercial customers. Funds must be used for Austin Energy-approved upgrades through the Small Business Bundle or Commercial Rebate programs. Improvements must achieve a total estimated energy reduction of 15%.
Austin Energy will review your project to determine eligibility. Email Austin Energy’s Small Business Rebates team or call 512-482-5346 to get started. Texas PACE (Property Assessed Clean Energy) programs help businesses lower their operating costs, conserve water and energy and improve resiliency through practical financing solutions.
Owners of commercial, non-profit and industrial properties in Travis and Williamson counties can get private, affordable, long-term loans for water and energy efficiency improvements and solar generation retrofits. PACE improvements generate positive cash flow with no out-of-pocket cost to the property owner. Private-sector lenders finance qualified improvements.
Property owners agree to contractual assessments imposed on the property and gain access to more favorable rates and longer terms (typically 10 to 20 years) than most commercial lenders offer. PACE assessments complement Austin Energy incentive programs. If the property is sold before the full amount is repaid, the repayment obligation automatically transfers to the next owner.
Texas PACE financing is available only to Austin Energy commercial customers located in Travis and Williamson counties. Funds must be used for eligible water conservation, energy efficiency, resiliency and distributed generation projects. Project savings must exceed loan payments.
Loan term may not exceed the useful life of projects. Primary lien holder must allow the PACE loan to supersede. Contact Austin Energy’s Commercial Rebates team to learn more and get started.
Learn more about the Texas PACE Authority Browse Texas PACE Authority case studies and other resources Date last reviewed or modified: 01/16/2026
According to the current listing, eligibility includes: Austin Energy commercial customers who qualify for Austin Energy-approved upgrades through the Small Business Bundle or Commercial Rebate programs. Improvements must achieve a total estimated energy reduction of 15%. Confirm the full requirements in the official notice before applying.
Velocity Credit Union Small Business Program is funded by Velocity Credit Union (in partnership with Austin Energy). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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