|Energy Efficiency Financing for Public Sector Projects
|California Energy Commission
Cities, counties, public care institutions, public hospitals, public schools and colleges, and special districts in California can apply for low-interest loans from the California Energy Commission for energy efficiency projects in their buildings and facilities. Residential and commercial projects and non-profit institutions are not eligible for these funds.
Entities eligible for 0% loans include:
Entities eligible for 1% loans include:
There is no minimum loan amount, but the maximum loan amount per application is $3 million. The loan term cannot exceed the useful life of loan-funded equipment, and will be determined on a case-by-case basis based on the estimated annual energy cost savings from the projects. The exact loan term will be determined such that the energy savings will cover the loan payments.
For a project to be considered, it must have proven energy savings and meet the eligibility requirements of the loan program. Examples of projects include:
Full details and application packets are available at the web site above.