Efficiency Kansas Revolving Loan Program
| Program Type | State Loan Program |
|---|---|
| Technologies | Photovoltaics, Wind, Other Distributed Energy Generation Technologies |
| Amount | Up to $20,000 for residential projects, and $30,000 for commercial and industrial projects |
| Required Documentation |
Energy audit from qualified auditor, and an Energy Conservation Plan submitted to local utilities company |
| Official Web Site | http://www.efficiencykansas.com |
Money from the American Recovery and Reinvestment Act has been set aside by Kansas to promote renewable energy and more efficient energy systems for both homes and small businesses. These loans are directly administered by public utilities companies and private lenders, and are available for repayment periods of up to 15 years.
Before applying for this loan, homeowners and business owners must first undergo an energy audit from an auditor deemed “qualified” by the program terms. The cost of the audit can be covered in the loan, although the first 1,500 applicants before April 1, 2011, may qualify for a discounted $100 audit. The audit recommendations and contractor bids for installation must then be written up as an Energy Conservation Plan to be presented to utilities companies or private lenders who in turn submit the plan to the State Energy Office.
If the loan is approved by the state, the repayment costs are included in the utility bills. The loan is attached to the property itself, and not to the individual home or business owner. This means that future occupants of the building must be told about the repayment obligation in the event that the home or business owner moves before the loan has been paid off.
