Alabama
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 05/07/2009
| Incentive Type: |
State Grant Program |
| State: |
Alabama |
| Eligible Renewable/Other Technologies: |
Landfill Gas,
Biomass,
Municipal Solid Waste
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| Applicable Sectors: |
Commercial,
Industrial,
Schools,
Local Government,
State Government,
Agricultural
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| Amount: | Varies by project and interest rate |
| Maximum Amount: | $75,000 |
| Project Review/Certification: | ADECA or representative of ADECA will conduct final inspection |
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Web Site: |
http://www.adeca.state.al.us/
C16/Biomass%20Energy%20Program/default.aspx
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Summary:
The Biomass Energy Program assists businesses in installing biomass energy systems. Program participants receive up to $75,000 in interest subsidy payments to help defray the interest expense on loans to install approved biomass projects. Technical assistance is also available through the program.
Industrial, commercial and institutional facilities; agricultural property owners; and city, county, and state government entities are eligible. Interested parties must obtain loans from commercial lending institutions and submit repayment data to the Alabama Department of Economic and Community Affairs (ADECA) for interest payment assistance. ADECA pays the borrower directly, based on documentation of payment. The interest rates on loans should be no greater than 2% above the prime rate.
With an initial emphasis on wood waste, the program also promotes landfill gas as a potential source of energy for industrial processes and other uses. Several landfill waste disposal facilities across Alabama have been identified as prime candidates for landfill gas recovery and utilization.
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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