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Combined Heat and Power Partnership

Alternative Energy Conservation Loan Fund

dCHPP Glossary (PDF) (2 pp, 53K)

Date Last Updated12/11/2013
Incentive TypeLoan
Incentive Administrator/Contact OfficeState of Alaska Department of Commerce, Community, and Economic Development
Incentive Initiation Date12/11/2013
Incentive Size and Funding SourceThe Alternative Energy Conservation Loan Fund provides loans for the purchase, construction, and installation of alternative energy systems or energy conservation improvements in commercial buildings. The maximum loan amount is $50,000 and the maximum loan term is 20 years. The interest rate will be fixed at the time of loan approval. Current interest rates are listedhere.
Eligible RecipientAlaska residents who have been residents for the 12 months preceding the date of application are eligible to apply for projects in commercial buildings. A commercial building is defined as a building intended to be used for commercial purposes, excluding residential structures, apartment complexes of less than five units, and single units within a condominium or cooperative complex.
Eligible FuelBiogas; Woody Biomass; Hydrogen; Landfill Gas; Municipal Solid Waste; Waste Heat Recovery; Other
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaLoans must result in alternative energy production or energy conservation.
Application Form(s)Alternative Energy Loan Application (PDF) (16 pp, 535K)
Other Incentive DetailsLoans may not be made to pay costs that were incurred more than six months before receipt of loan application.

Alternative energy systems are defined as a source of thermal, mechanical, or electrical energy that is not dependent on oil, gas, or nuclear fuel for the supply of energy for space heating and cooling, refrigeration and cold storage, electrical power, mechanical power, or heating of water.
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