City of Lowell - BLEU Projects Program
Last modified on February 12, 2015.
Financial Incentive Program
|Name||City of Lowell - BLEU Projects Program|
|Incentive Type||Local Rebate Program|
|Applicable Sector||Commercial, Multi-Family Residential|
|Eligible Technologies||Boilers, Building Insulation, Duct/Air sealing, Furnaces, Lighting Controls/Sensors|
|Incentive Inactive Date||2012-08-08|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Rebate: 1/3 of project cost $2,500 - $250,000|
Loan: 1/3 of project cost $2,500 - $250,000
|Equipment Requirements||Buildings must achieve an improved energy efficiency of 15% or greater|
|Maximum Incentive||With loan and rebate $5,000 - $500,000|
|References||Database of Incentives for Renewables and Efficiency |
The City of Lowell BLEU Projects Program offers rebates and loans to commercial and multifamily properties located in the downtown Historic District for implementing energy efficient measures in their buildings. Eligible projects must achieve a 15% improved energy efficiency to qualify for rebate and loan. Chosen projects will receive a whole building energy analysis to determine the size of the project. Projects can receive a rebate of 1/3 of the project cost up to $250,000, a loan for 1/3 of the cost up to $250,000, as well the property owner matching the savings up to $250,000. Loans are provided through the Lowell Development and Financial Corporation (LFDC) at a 3% rate for up to 10 years. Project areas include:
- Air sealing
- New boilers
- Various other energy efficient upgrades
See program website for more information.
This Program is part of the U.S. Department of Energy's (DOE) BetterBuildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.
|Contact Name||Tom Heslin|
|Address||375 Merrimack St|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.