Energy Efficiency Revolving Loan Program

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place South Dakota

Name Energy Efficiency Revolving Loan Program
Incentive Type State Loan Program
Applicable Sector Institutional, Nonprofit, Schools, State Government
Eligible Technologies Biomass, CHP/Cogeneration, Geothermal Heat Pumps, Photovoltaics, Solar Water Heat, Wind, Solar-Powered Appliances, Energy efficiency upgrades to building envelope, mechanical and lighting systems
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs











Funding Source Energy Efficiency Conservation Block Grant














Terms 0% interest

10 year maximum

Program Administrator Bureau of Administration
Website http://www.state.sd.us/boa/ose/OSE_Statewide_Energy.htm

Last DSIRE Review 2012-06-27
Last Substantive Modification
to Summary by DSIRE
2011-07-21


Incentive Source http://www.state.sd.us/boa/ose/OSE_Statewide_Energy.htm


Summary

Note: The first round of applications was due April 12, 2010. A new round of loans will be available once the loan fund has been replenished.

South Dakota offers loans to nonprofits, schools, and government agencies located in South Dakota to pay for energy audits, energy efficiency improvements, and renewable energy installations. Loans must be repaid within 10 years, and carry a 0% interest rate. The loan program is available to all K-12 school districts, South Dakota Technical Schools, and community-based nonprofits.

Renewable energy projects must be built on site at government buildings. The capacity of such systems are limited as follows:

  • Photovoltaics: Must be "appropriately-sized" on an existing rooftop or parking shade structure, or a maximum of 60 kW if located on the ground within the boundaries of a government facility.
  • Wind turbines: Must be 20 kW or smaller.
  • Solar thermal: Must be 20 kW or smaller.
  • Solar thermal hot water: Must be appropriately sized for small buildings.
  • Ground source heat pump: Must be 5.5-ton capacity or smaller. Horizontal, vertical, ground, or closed-loop systems are eligible.
  • Combined heat and power: Must be appropriately sized for the building where it is located.
  • Biomass thermal - Must be 3 MMBTU/hour or smaller. Must use Best Available Control Technologies.

Applications are available on the program web site. Reporting, job creation, Davis Bacon Act, and all other Energy Efficiency Conservation Block Grant requirements apply.


Incentive Contact

Contact Name Michele Farris
Department Office of the State Engineer

Address 523 E. Capitol Avenue

Place Pierre, South Dakota

Phone (605) 773-3466
Phone 2 (605) 773-5980


Website http://www.state.sd.us/boa/ose/
     
     


















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

References

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