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Missouri

Missouri

Incentives/Policies for Renewables & Efficiency

Printable Version
Columbia Water & Light - Commercial Super Saver Loans   

Last DSIRE Review: 09/19/2014
Program Overview:
State: Missouri
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Lighting, Furnaces , Heat pumps, Central Air conditioners, LED Lighting, Energy Efficiency Assessment
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat
Applicable Sectors: Commercial, Industrial, Nonprofit
Amount:Varies by customer up to $30,000
Maximum Incentive:$30,000
Terms:Up to 3 years: 1%
4 to 5 years: 3%
6 to 10 years: 5%
Start Date:06/01/2010
Web Site: http://www.gocolumbiamo.com/WaterandLight/Business/CommercialEner...
Summary:

Columbia Water & Light (CWL) offers fixed, low-interest rate loans with no prepayment penalties to commercial customers making energy efficiency improvements under the Commercial Super Saver Loans program. Financing is available to approved C&I rate customers for a variety of energy efficiency improvements, including the initial energy efficiency assessment, air conditioners, heat pumps, lighting, and solar water heaters. All requirements concerning minimum insulation levels, energy efficiency technologies, credit history, DEED of Trust, and ASHRAE Level II energy assessments must be met.

The process involves several steps. First, the customer should have an ASHRAE Level II energy assessment conducted and complete a commercial loan application. Upon approval, the customer may proceed with completing the energy efficiency project(s). After a post-assessment and final inspection, the customer will receive the check for the loan. Visit the program website for more information.

Super Saver Loans do not subordinate to other loans a customer may have on its property. If a customer refinances a current business loan or sells its building, the customer is required to pay off the Super Saver Loan. Requesting subordination of your Super Saver Loan generally takes at least 2 months. Contact CWL with any questions about subordination.


 
Contact:
  Connie Kacprowicz
Columbia Water & Light
PO Box 6015
Columbia, MO 65205
Phone: (573) 874-7325
Fax: (573) 443-6875
E-Mail: CSK@gocolumbiamo.com
Web Site: http://www.gocolumbiamo.com/WaterandLight/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.