Combined Heat and Power Partnership
Anaheim Public Utilities - Low Interest Energy Efficiency Loan Program
| Date Last Updated | 1/29/2013 |
| Incentive Type | Loan |
| State/Federal | CA |
| Incentive Administrator/Contact Office | Anaheim Public Utilities |
| Incentive Initiation Date | 4/29/2010 |
| Incentive Size and Funding Source | Anaheim Public Utilities is offering loans through State Assistance Fund for Enterprise, Business and Industrial Development Corporation (SAFE-BIDCO) to Anaheim customers installing energy efficiency projects, including CHP. The maximum loan amount is $350,000 or ten times the amount of estimated annual savings, whichever is less. Loan terms include a low interest rate (currently 5% rate; subject to change without prior notice) and a maximum repayment term of 8 years. Collateral will be required on all loans. |
| Eligible Recipient | Small businesses, some landlords and nonprofit organizations can apply; in general, an applicant must not have a net worth in excess of $6 million nor have average net income in excess of $2 million. |
| Eligible Fuel | Does Not Specify |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Other Selected Eligibility Criteria | Projects must conserve, produce or control energy use in new or existing facilities. Loan can be used for energy studies and design and consultant fees, as well as materials and equipment costs incurred after SAFE-BIDCO's acknowledgment of receipt of the application. The financed project and its benefits must remain within Anaheim. Loan funds cannot be used for operating, maintenance, routine repair or fuel costs. |
| Utility | Anaheim Public Utilities |
| Resource Website(s) |
