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Funding Resources
Funding Resources
| VA Commonwealth's Energy Leasing Program | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | VA |
| 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 | Lease financing administered by the Department of Treasury provides funding for energy efficiency projects in state facilities operated by agencies, authorities and institutions of the Commonwealth of Virginia. The Energy Leasing Program allows for the purchase of services and equipment required to develop, design, and install an energy efficiency project. Agencies can finance energy projects at a minimum of $100,000 and will make repayments over 12 or 15 year terms. |
| Start Date | 9/1/2005 |
| End Date |
|
| Minimum Efficiency(%) |
|
| Additional Information | The funds can be used to finance projects with relevant energy efficient technology, such as lighting and motor efficiency upgrades, building envelope enhancements, distribution system improvements, and energy management controls. |
| Web Site |
http://www.dsireusa.org/incentives/ incentive.cfm?Incentive_Code=VA14F¤tpageid=3&EE=1&RE=1  |
| Additional Web Site |
http://www.trs.virginia.gov/documents/debt/MELP/EnergyDescription.pdf |
| Primary Contact |
Debora Greene 101 North 14th Street Richmond, VA 23219 Debora Greene (debora.greene@trs.virginia.gov) |