California
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 04/27/2009
| Incentive Type: |
Utility Loan Program |
| State: |
California |
| Eligible Efficiency Technologies: |
Refrigerators/Freezers,
Lighting,
Heat pumps,
Air conditioners,
CHP/Cogeneration,
Heat recovery,
Caulking/Weather-stripping,
Duct/Air sealing,
Building Insulation,
Processing and Manufacturing Equipment,
Comprehensive Measures/Whole Building,
Custom/Others pending approval
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| Applicable Sectors: |
Commercial,
Nonprofit,
Multi-Family Residential
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| Terms: | Low interest rate – currently 5 percent (Interest rate subject to change without prior notice.)
Up to eight years to pay
Up to $350,000 or 10 times the amount of estimated annual savings, whichever is less.
Must be a small business and able to comply with loan security (see provided website). |
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Web Site: |
http://www.anaheim.net/utilities/adv_svc_prog/Low_Int_Loan.pdf
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Summary:
Anaheim Public Utilities offers low-cost financing for energy efficiency measures through State Assistance Fund for Enterprise, Business and Industrial Development Corporation (SAFE-BIDCO). Under this program, Anaheim customers can obtain low-interest loans with no application fees or points.
Anaheim Public Utilities will provide a free energy audit and analysis as required by SAFE-BIDCO to identify and verify energy uses and needs, and evaluate the feasibility of potential measures to improve efficiency.
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.
The loan covers measures that conserve, produce or control energy use in new or existing facilities.
- Lighting changes
- Weatherization
- Cogeneration
- Management systems
- HVAC system upgrades
- Alternate energy systems
- Pump, process or refrigeration system improvements
- Other projects that conserve energy equal to 15 percent of normal usage or manage load
$150 application fee is waived for Anaheim businesses
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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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