Mississippi Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 09/12/2012
Program Overview:
| State: |
Mississippi |
| Incentive Type: |
Leasing Program |
| Eligible Efficiency Technologies: |
Lighting, Chillers , Boilers, Central Air conditioners, Energy Mgmt. Systems/Building Controls, Building Insulation, Windows, Custom/Others pending approval |
| Applicable Sectors: |
Schools, Local Government, State Government, Institutional |
| Terms: | Maximum term of 15 years |
| Start Date: | 3/27/06 |
| Web Site: |
http://www.mississippi.org/index.php?id=38
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Authority 1:
Date Effective:
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Miss. Code ยง 31-7-14
3/27/06
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Summary:
Mississippi's Energy-Efficiency Lease Program allows public institutions and private, non-profit hospitals to lease-purchase energy-efficient services and equipment for up to 15 years from the Energy Division of the Mississippi Development Authority. The Energy Division will select a third-party financier to fund energy projects such as lighting, boilers, cooling systems, energy management systems and windows. Participation in this program provides institutions access to technical, legal and financial service providers associated with the Energy Division.
To participate, an institution must first apply to the Energy Division for program assistance. Next, the institution must adopt a resolution identifying the project that is in need of energy efficiency improvements, and recognize the Energy Efficiency Lease Program as a means of fulfilling their goals. After developing the design and project implementation guidelines, the applicant must submit the specifications to the Mississippi Development Authority. When approval is granted, the institution selects a contractor and executes lease documents.
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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.
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