Energy-Efficiency Lease Program (Mississippi)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Energy-Efficiency Lease Program|
|Incentive Type||Leasing Program|
|Applicable Sector||Institutional, Local Government, Schools, State Government|
|Eligible Technologies||Boilers, Building Insulation, Central Air conditioners, Chillers, Custom/Others pending approval, Energy Mgmt. Systems/Building Controls, Lighting, Windows|
|Energy Category|| Energy Efficiency Incentive Programs
|Start Date|| 2006-03-27
|Program Administrator||Mississippi Development Authority|
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.
|Contact Name||Terrence Spears|
|Department||Mississippi Development Authority|
|Address||P.O. Box 849|
|Address 2||501 North West Street|
|Phone|| (601) 359-6600
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Miss. Code § 31-7-14|
|Date Effective|| 2006-03-27
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.