Energy Loan Fund (ELF) (Ohio)

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Last modified on September 25, 2013.

Rules Regulations Policies Program

Place Ohio

Name Energy Loan Fund (ELF)
Incentive Type Public Benefits Fund
Applicable Sector Commercial, Industrial, Residential, General Public/Consumer, Utility, Institutional
Eligible Technologies Lighting, Heat recovery, Building Insulation, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Renewable Transportation Fuels, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Microturbines
Active Incentive No

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



































Total Fund 100 million over 10 years
Types Renewables, energy efficiency, distributed energy








Website http://www.odod.state.oh.us/cdd/oee/energy_loan_fund.htm
Date added to DSIRE 2000-01-01
Last DSIRE Review 2006-06-15



References DSIRE[1]


Summary

Ohio's 1999 electric-restructuring law created the Energy Loan Fund (ELF), which provides incentives for energy efficiency, distributed energy and renewable-energy projects. The ELF will collect $100 million over 10 years from Ohio's four investor-owned utilities -– Duke Energy (formerly Cinergy), American Electric Power, Dayton Power and Light, and FirstEnergy -- to provide low-interest loans for energy-efficiency improvements at residential, government, educational, commercial, industrial and agricultural facilities. The ELF also provides funding for renewable-energy projects. The Ohio Department of Development's (DOD) Office of Energy Efficiency (OEE) operates the fund.

In addition to establishing funding levels, Ohio's restructuring legislation created the Public Benefits Advisory Board, a multi-stakeholder panel that assists the DOD in administering the Universal Service Board and the ELF. The DOD collaborates with the Ohio Public Utilities Commission to design and develop energy programs.

The OEE has developed three loan programs for the ELF:

  • Business and Institutional Loans
  • Renewable Energy Financial Assistance Program
  • Double-Saving Loans for Energy Home Improvements

In addition, the ELF provided grants for advanced energy technology projects in 2003, 2004, 2005 and 2006. Grant opportunities occur periodically; please contact the OEE for details


Authorities (Please contact the if there are any file problems.)

Authority 1: ORC § 4928.61 et seq.
Date Effective 2001
Date Enacted 1999
Expiration Date 2011

















Incentive Contact

Contact Name Judy Pacifico
Department Ohio Department of Development
Division Office of Energy Efficiency
Address 77 South High Street, 26th Floor
Address 2 PO Box 1001
Place Columbus, Ohio
Zip/Postal Code 43216-1001
Phone (614) 387-2732
Phone 2 (800) 848-1300

Email aef@development.ohio.gov
Website http://development.ohio.gov/Energy/default.htm
     
     

  • 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)"