Skip Navigation

The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

US Department Energy Efficiency and Renewable Energy
IREC North Carolina Solar Center
Home Glossary Links FAQs Contact About Twitter    Facebook
Ohio

Ohio

Incentives/Policies for Energy Efficiency

Printable Version
Energy Loan Fund   

Last DSIRE Review: 10/03/2012
Program Overview:
State: Ohio
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, CHP/Cogeneration, Steam-system upgrades, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Building Insulation, Motors, Custom/Others pending approval, Whole House Fans, Led Exit Signs, LED Lighting
Eligible Renewable/Other Technologies: Photovoltaics, Wind, Biomass, CHP/Cogeneration, Not specified
Applicable Sectors: Commercial, Industrial, Nonprofit, Schools, Local Government, Construction, State Government, Institutional
Terms:Interest rate: Equal to or less than market rate
$250 application fee
1% processing and commitment fee
0.25% annual servicing fee
Projects must achieve 15% reduction in energy usage
Projects must result in a return on investment of 15 years or less
Funding Source:DOE State Energy Program and Advanced Energy Fund
Start Date:12/15/2011
Web Site: http://development.ohio.gov/bs/bs_energyloanfund.htm
Summary:

The Ohio Development Services Agency (ODSA) is administering the Energy Loan Fund with funds collected through the Advanced Energy Fund and the U.S. Department of Energy State Energy Program. Public entities, manufacturers, small businesses are eligible for funding, though other applicants will be considered. Funds will be awarded to qualifying projects on a first-come, first-served basis until the funds have been depleted. Priority will be given to projects with an energy savings payback of 1 to 4 years. Projects must result in energy savings of at least 15% and must be installed in Ohio. Interested applicants should submit a pre-application through the ODSA web site.


 
Contact:
  General Information
Ohio Development Services Agency
77 South High Street, 26th Floor
PO Box 1001
Columbus, OH 43216-1001
Phone: (866) 728-6749
Phone 2: (800) 848-1300
Fax: (614) 466-1864
E-Mail: energy@development.ohio.gov
NCSU - home
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.