Agriculture and Food Processing Energy Loans (California)

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Summary

Last modified on May 24, 2011.

Financial Incentive Program

Place California

Name Agriculture and Food Processing Energy Loans
Incentive Type State Loan Program
Applicable Sector Agricultural, Food Processing
Eligible Technologies Solar Water Heat, Solar Thermal Process Heat, Photovoltaics, Biomass, Thermal Heat Pumps, Electrodialysis Membrane Systems, Enterprise Energy Management Systems, Heating and Cooling Topping Cycle Systems, Ultra-low NOx Controlled Energy Efficient Burners
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 50,000 minimum















Maximum Incentive 500,000




Program Budget $3 Million




Terms Fixed rate of 3.2% for the life of loan

Maximum repayment term of 7 years

Program Administrator California Energy Commission
Website http://www.energy.ca.gov/process/agriculture/loan_solicitation/
Date added to DSIRE 2007-10-04
Last DSIRE Review 2009-03-19



References DSIRE[1]


Summary

The California Energy Commission is providing financing to the agricultural and food processing industries to purchase proven cost-effective energy efficient and renewable emerging technologies. Loans of up $500,000 are available with a fixed interest rate of 3.2%. The Energy Commission's Public Interest Energy Research (PIER) Program and the U.S. Department of Energy examined several technologies and subjected them to comprehensive research, development and demonstration efforts under commercial working conditions. These efforts revealed several emerging technologies applicable to the agricultural and food processing industries which show great promise for reducing energy consumption in a cost-effective way. These technologies include thermal heat pumps, electrodialysis membrane systems, enterprise energy management systems, heating and cooling topping cycle systems, ultra-low NOx controlled energy efficient burners, solar photovoltaic (PV) and solar thermal systems, utilization of food and animal waste for bio-energy generation. These are the only technologies which can receive funding through this program. Eligible business entities include food and fiber processing, animal feeding and processing, breweries, wineries, creameries, irrigation districts and agricultural production. More restriction apply; see the program guidelines for complete details.


Incentive Contact

Contact Name Ricardo Amón
Department California Energy Commission
Division Grants and Loans Office
Address 1516 Ninth Street, MS-1

Place Sacramento, California
Zip/Postal Code 95814-5512
Phone (916) 654-4019


Email ramon@energy.state.ca.us
Website http://www.energy.ca.gov
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"