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Funding Resources
Funding Resources
| CA Loans for Energy Efficiency Projects | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | CA |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award | The California Energy Commission has $24 million in loan funds available for energy efficiency projects at a low fixed interest rate of 3 percent. The 3 percent interest rate applies to loans made on or after July 9, 2009, and ends when a new notice is issued. The 3 percent interest rate will not be applied retroactively to existing loans. The maximum amount per project is $3 million and the timeframe for repayment is 15 years. There is no minimum loan amount. |
| Start Date | 5/19/2005 |
| End Date |
|
| Minimum Efficiency(%) |
|
| Additional Information | Eligible entities are cities, counties, special districts, public schools, public hospitals, and other public-care facilities. Examples of eligible projects are energy efficiency upgrades such as those to lighting, heating, or air conditioning, cogeneration or combined heat and power (CHP) projects, pumps and motors, and renewable energy projects. |
| Web Site |
http://www.energy.ca.gov/contracts/efficiency_pon.html  |
| Additional Web Site |
http://www.energy.ca.gov/efficiency/financing/index.html |
| Primary Contact |
Public Programs Office 1516 Ninth Street MS # 42 Sacramento, CA 95814-5512 U.S.A. Public Programs Office (pubprog@energy.state.ca.us) (916) 654-4147 |