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Funding Resources
Funding Resources
| OH Energy Loan Fund | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | OH |
| 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) |
| Critical Information | The Ohio Department of Development (ODOD) is administering the Energy Loan Fund with funds collected through the Advanced Energy Fund and the U.S. Department of Energy State Energy Program. Public entities, manufacturers, and small businesses are eligible for funding, though other applicants will be considered. |
| Start Date | 12/15/2011 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information |
Funding amounts vary depending on the type of business: * Public and nonprofit entities can receive up to 90 percent of project costs or $1 million; * Manufacturers can received up to 80 percent of project costs or $1 million; and * Small businesses can receive up to 80 percent of project costs or $250,000. Funds will be awarded to qualifying projects on a first-come, first-served basis until the funds have been depleted. Priority will be given to projects with an energy savings payback of 1 to 4 years. Projects must result in energy savings of at least 15 percent and must be installed in Ohio. Interested applicants should submit a pre-application through the ODOD website. |
| Web Site |
http://development.ohio.gov/Energy/Incentives/EnergyLoanFund.htm |
| Additional Web Site |
http://www.dsireusa.org/incentives/ incentive.cfm?Incentive_Code=OH108F¤tpageid=3&EE=1&RE=1 |
| Primary Contact |
General Information ODOD 77 S High Street, 26th Floor Columbus, OH 43216 U.S.A. General Information ODOD (energy@development.ohio.gov) (614) 466-6797 (614) 466-1864 |