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Combined Heat and Power Partnership

Local Government Energy Loan Program

Date Last Updated6/6/2013
Incentive TypeLoan
State/FederalAL
Incentive Administrator/Contact OfficeAlabama Department of Economic and Community Affairs
Incentive Initiation Date7/1/2008
Incentive Size and Funding SourceMunicipal and county governments may borrow up to $350,000 for eligible projects, including renewable energy systems and energy efficiency improvements that will eventually have a payback through utility savings. K-12 schools may receive up to $350,000 per campus or $500,000 per school system for eligible projects.

Loans are issued at 0% for up to 10 years, with a 3% management fee, and estimated payback must be within 10 years.
Eligible RecipientEligible recipients include local governments, K-12 public school systems, and public colleges and universities in Alabama.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Application Form(s)Local Government Energy Loan Program Application (PDF) (23 pp, 460K)
Other Incentive DetailsAn energy audit must be completed to identify necessary improvements. Following installation, the loan recipient must be benchmarked using the Energy Star Portfolio Manager program.
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