Community Energy Education Management Program (Oklahoma)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Oklahoma

Name Community Energy Education Management Program
Incentive Type State Loan Program
Applicable Sector Local Government
Eligible Technologies Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Central Air conditioners, Heat recovery, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, CHP/Cogeneration, Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Varies by project, averages 60,000 per applicant










Funding Source Oil overcharge restitution funds




Maximum Incentive 150,000




Program Budget $1,000,000




Terms 3% interest rate for up to six years
Program Administrator Oklahoma Department of Commerce
Website http://okcommerce.gov/state-energy-office/funding-opportunities/
Date added to DSIRE 2006-04-12
Last DSIRE Review 2014-08-08



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The Oklahoma Department of Commerce offers a revolving loan fund for local governments to make energy efficient improvements to government buildings. All eligible projects should increase energy efficiency, reduce energy consumption, project a positive return on investment and be paid back within 6 years of the loan award. Funds from this program can be used to pay for a technical assistance report/audit, energy conservation measures, and operation and maintenance procedures that would contribute to overall reduced energy consumption.

Generally, the loans will not be more than $150,000, and the average loan amount is around $60,000. An eligible local government may have only one active loan open at any time.

More information, including guidelines and an application, are available at the program website above.


Incentive Contact

Contact Name Kylah McNabb
Department Oklahoma Department of Commerce
Division State Energy Office
Address 900 N. Stiles

Place Oklahoma City, Oklahoma
Zip/Postal Code 73104
Phone (405) 815-5249


Email Kylah_McNabb@okcommerce.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"