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Funding Resources
Funding Resources
| AL Local Government Energy Loan Program | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | AL |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biomass, Other |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award | Municipal and county governments may borrow up to $350,000 for eligible projects. K-12 schools may receive up to $350,000 per campus or $500,000 per school system for eligible projects. Loans are issued at 0 percent for up to 10 years, with a 3 percent management fee, and estimated payback must be within 10 years. |
| Start Date | 7/1/2008 |
| End Date |
|
| Minimum Efficiency(%) |
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| Additional Information | Alabama's Local Government Energy Loan Program offers zero-interest loans to local governments and schools in rural areas for renewable energy systems and energy efficiency improvements that will eventually have a payback through utility savings. Eligible renewable energy resources generally include biomass, hydropower, geothermal energy, wind energy, and solar energy. |
| Web Site |
http://www.adeca.alabama.gov/C3/Local%20Government%20Energy%20Loan%20P/default.aspx  |
| Additional Web Site |
http://www.dsireusa.org/library/includes/ incentive2.cfm?Incentive_Code=AL06F&state=AL&CurrentPageID=1&RE=1&EE=1 |
| Primary Contact |
Karen Clifton LGELP Program Manager P.O. Box 5690 Montgomery, AL 36103 U.S.A. Karen Clifton (karen.clifton@adeca.alabama.gov) (334) 242-5321 (334) 242-0552 |