Energy Efficiency Index
The Alabama Local Government Energy Loan Program, established in 1997, offers no-interest loans (which can be raised as high as to 5%) to small rural government agencies including schools for energy-efficiency equipment and building upgrades. The Fund has an endowment of $2 million per year. The maximum loan size is $150,000 per project and $300,000 per school system. In order to qualify for these loans, the facility must be in a town of no more than 20,000 people or a county with no more than 50,000 people.
Click here for more information. http://184.108.40.206/C3/Local%20Government%20Energy%20Loan%20P/default.aspx
The Alabama STAR (Savings Through Analysis and Retrofits) Program, established in 1997, provides prevailing interest-rate loans for energy-efficiency improvements to tax-exempt, public and non-profit schools. Eligible improvements include lighting retrofits, HVAC equipment, load management devices and sewage and water systems improvements, among other measures. The fund has an endowment of $4.6 million per year. Individual loans cannot exceed $2 million.
Click here for more information. http://www.energyideas.uah.edu/alabama_starprog.html
The Arizona Municipal Energy Management Program awards grants to encourage and assist in the development and implementation of energy management programs by helping with planning and providing the necessary basic tools, staff training and technical assistance. Arizona cities, towns, counties, improvement districts, and Indian tribes with populations under 70,000 are eligible. The Energy Office in the Arizona Department of Commerce funds these grants.
Click here for more information. http://www.commerce.state.az.us/Energy/default.asp
The Arizona Energy Conservation Savings Reinvestment Plan for the City of Phoenix, started in 1984, provides secure and long-term loans for energy-efficiency initiatives under the Energy Management Program. Under this plan, 50 percent of all documented energy savings (up to $750,000) must be reinvested in further efficiency improvements. All municipal departments in Phoenix are eligible. Eligible projects include upgrading lighting, motors and chillers, among other upgrades.
Click here for more information. http://www.iclei.org/index.php?id=1677&0=
California�s Energy Efficiency Financing Program offers loans to public
schools, public hospitals, cities, counties, special districts, and public
care institutions (public only). Eligible projects are those with proven
energy savings, such as lighting and HVAC efficiency improvements. The
Program has a $40 million endowment, with a maximum loan of $3 million per
application. There is no minimum loan amount. The projects must be
technically or economically feasible and must have a simple payback of 9.8
years or less, based on energy savings. Additionally, the Energy
Commission provides technical assistance to help customers identify ways
to save energy costs and to encourage the most efficient use of energy in
their facilities. The majority of these programs are for public agencies.
The Bright Schools Program helps public K-12 school districts and
non-profit schools reduce energy costs in their facilities. The Energy
Partnership Program targets the same entities as the loan program does and
also nonprofit schools, hospitals, colleges and public care facilities.
Both the Bright Schools and Energy Partnership Programs pays a portion of
the consultant�s cost associated with preparing a report�often this cost
is sufficient to analyze one or more facilities.
The Idaho Energy Conservation Loan Program, started in 1987, provides loans for energy conservation measures and the promotion of renewable resources. The Program was originally funded by the settlements Idaho received from Exxon and Stripper Well. Its endowment is $5,015,000, and individual loans are capped at $10,000 for residential projects and $100,000 for commercial, governmental, agricultural and school, hospital or health care facility projects, and all projects must have a payback period of no more than ten years from energy savings.
Click here for more information. http://www.idwr.state.id.us/
The Indiana Industrial Energy Efficiency Fund, founded in 1994, offers no-interest loans to manufacturers so that they can replace or convert their existing equipment to improve energy efficiency or for the purchase of new energy-efficient equipment. The loans finance 50% of the projects, up to $250,000.
Click here for more information. http://www.iedc.in.gov/index.asp
The Maryland Community Energy Loan Program, founded in 1989, offers loans to nonprofits and local governments, including private and public schools for expenses associated with the identification and implementation of energy-efficiency improvements. Eligible projects will have a payback of no more than seven years. The Fund�s endowment is $3.2 million, and originally came from the Oil Overcharge Fund. The loans range from $30,000 to $400,000.
Click here for more information. http://www.energy.state.md.us/programs/government/communityenergyloan.htm
The Maryland State Agency Loan Program, found in 1991, provides no-interest loans to state agencies for energy-efficiency improvements. The maximum payback period for eligible projects is ten years, and the maximum loan is $600,000.
Click here for more information. http://www.energy.state.md.us/programs/government/stateagencyloan.htm
The Mississippi Energy Investment Loan Program, founded in 1989, provides loans at 3% below the prevailing Prime Interest rate to individuals, partnerships and corporations for retrofit projects or for the design and development of innovative energy conservation processes. The Program�s endowment is $6 million and the size of its loans range from $15,000 to $300,000. The maximum payback period is ten years for eligible projects.
Click here for more information. http://www.mississippi.org/programs/energy/comm_ind_efficiency.htm
Missouri�s Energy Loan Program, founded in 1990, offers below-market interest rate loans to schools and local governments for energy conservation projects. The loans range from $5,000 to $2 million.
Click here for more information. http://www.dnr.state.mo.us/
The Montana State Buildings Energy Conservation Program, founded in 1989, offers loans to state agencies for the identification and implementation of cost-effective energy-efficiency improvements. The program is funded through the sale of general obligation bonds. Eligible programs must have a ten year payback period. There is no maximum loan size.
Click here for more information. http://www.deq.state.mt.us/Energy/buildings/StateBuildings.asp
Nebraska�s Dollar and Energy Saving Loan Program offers low-interest financing for many typical home, building or system energy improvements. Financing is also available for other types of efficiency improvements, such as alternate fuel vehicle or fueling facility, telecommunications equipment or waste minimization. The program�s endowment is $23 million, and the loan size ranges from $35,000 to $175,000 depending on the type of project.
Click here for more information.
The New Hampshire Building Energy Conservation Initiative was created in 1999 and will run through 2019. It offers 3.85% interest rate loans to state agencies for the construction and implementation of energy-efficient building improvements. The endowment is $25 million and the payback period is ten years.
Click here for more information. http://nh.gov/oep/programs/energy/beci.htm
The New York Energy Smart Loan Fund will offer loans with an interest rate reduction of up to 4% off normal interest rates through June 30, 2006 for facilities installing energy-efficiency improvements and/or renewable technologies. Residential, multifamily (i.e. apartment buildings) and commercial loans are all available. The size of the loan varies depending on the type of loan.
Click here for more information. http://www.nyserda.org/loanfund/default.asp
The Oklahoma Community Energy Education Municipal Program, founded in 1995, offers low-interest loans to counties, cities and towns in Oklahoma for energy-efficiency improvements. The endowment is $1 million and loans generally do not exceed $150,000.
Click here for more information. http://www.okcommerce.gov/index.php?option=content&task=view&id=286&Itemid=95#3
The Oklahoma Energy Loan Fund for Schools, founded in 1998, offers low-interest loans to K-12 schools for energy-efficiency improvements. The endowment is $1 million, and the maximum loan is $100,000. The payback period for eligible projects ranges from 18 months to seven years.
Click here for more information.
The Oregon Energy Loan Program, created in 1979, offers low-interest, fixed rate loans to individuals, schools, cities, counties, special districts, state and federal agencies, public corporations, cooperatives, tribes and non-profits for energy conservation, renewable energy, alternative fuels or recycled product production. The Program is funded through Oregon general obligation bonds, and offers loans ranging from $20,000 to $11 million. The payback period for eligible projects ranges from five to 15 years.
Click here for more information. http://egov.oregon.gov/ENERGY/LOANS/index.shtml
The Pennsylvania Sustainable Energy Funds, established in 2000, offer loans for programs that promote energy-efficiency and conservation or renewable/clean energy. There are four funds, established after deregulation, and each one run by one of the State�s four major utilities (GPU Energy, PECO Energy, PP&L and Allegheny Power/West Penn Power Company. Combined, the four funds have an endowment of approximately $83.5 million.
Click here for more information. http://www.puc.state.pa.us/electric/greenclean/Green_Clean.htm#Sustainable%20Energy%20Funds
The South Carolina Conserfund Loan Program offers 5% maximum interest rate loans to state and local governments, schools and colleges, hospitals and other nonprofit organizations for energy-efficiency improvements. The Program�s endowment comes from the Stripper Well Settlement funds. The loans range from $25,000 to $500,000. The payback period for eligible programs can be as large as ten years.
Click here for more information. http://www.state.sc.us/energy/Public/conserfund.htm
The Tennessee Local Government Loan Program, started in 1991, offers 3% interest rate loans to local government agencies including public school systems for energy-efficiency improvements. The endowment is provided by the Petroleum Violation Escrow fund. Loans up to $500,000 are offered. The maximum payback period for eligible programs is seven years.
The Tennessee Small Business Energy Loan Program, founded in 1988, offers 3% interest rate loans to small businesses (less than 300 employees or less than 3.5 million dollars in annual gross sales or receipts) for energy-efficiency upgrades in their buildings, plants and manufacturing processes. The endowment is provided by the Petroleum Violation Escrow fund. Loans up to $100,000 are offered. The maximum payback period for eligible programs is seven years.
Click here for more information. http://www.state.tn.us/ecd/energy_loans.htm
The Texas LoanSTAR Revolving Loan Program, founded in 1989, offers loans to state agencies, institutions of higher learning, school districts and local governments for energy-efficiency retrofits. The fund endowment is $98 million and comes from the 1976 oil overcharge funds. Loans from $10,000 to $5 million are offered. The maximum payback period is ten years.
Click here for more information. http://www.seco.cpa.state.tx.us/ls.htm