Geothermal Grant & Loan Program (California)

From Open Energy Information

Summary

Last modified on September 25, 2013.

Financial Incentive Program

Place California


Name Geothermal Grant and Loan Program
Incentive Type State Grant Program
Applicable Sector Commercial, Industrial, General Public/Consumer
Eligible Technologies Geothermal Electric
Active Incentive No
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Varies




Equipment Requirements Varies





Maximum Incentive Varies






Program Administrator California Energy Commission
Website http://www.energy.ca.gov/contracts/index.html#renewables


References DSIRE[1]


Summary

The California Energy Commission’s Geothermal Program provides funding to private and public entities for geothermal energy projects. Organizations such as universities, national laboratories, state and federal agencies, and not-for-profit organizations can participate in this program only when in partnership with an eligible local jurisdiction or private for-profit entity. Virtually all aspects of geothermal research, resource development, commercialization, planning and impact mitigation are eligible.

The Energy Commission also offers contingent awards that require repayment if the project is successful. At project completion, a contingent award is converted into either a repayable loan or a non-repayable grant. If the Energy Commission finds that the completed project is producing, or is capable of producing, energy cost savings or revenues such that the award can be repaid in full or in part, the award becomes a loan. If the Energy Commission finds that the project is not capable of producing energy cost savings or revenues, the award becomes a grant.

<metadesc> Geothermal Grant and Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Mike Smith
Department California Energy Commission
Address 1516 9th Street
Place Sacramento, California
Zip/Postal Code 95814
Phone (916) 654-4989





  • 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)"