LADWP - Non-Residential EfficiencyWise Loan Program (California)

From Open Energy Information

Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place California


Name LADWP - Non-Residential EfficiencyWise Loan Program
Incentive Type Utility Loan Program
Applicable Sector Commercial, Nonprofit
Eligible Technologies Custom/Others pending approval
Active Incentive No
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Up to 5 years to pay off

5.4% fixed interest rate














Program Administrator EfficiencyWise Financing
Website http://www.ladwp.com/ladwp/cms/ladwp001440.jsp


References DSIRE[1]


Summary

Los Angeles Department of Water and Power and SAFE-BIDCO (a state-owned small business assistance agency), in cooperation with the California Energy Extension Service, offer loans of up to $200,000 to small businesses, some landlords, and non-profit organizations who wish to increase the energy efficiency of their facilities. In general, an applicant must not have a net worth in excess of $6 million nor have average net income in excess of $2 million. The financing can be used for any project that conserves energy equal to 15% of normal usage, or manages load. Loan funds cannot be used for operrating, maintenance, routine repair or fuel costs.

Incentive Contact

Contact Name Los Angeles Department of Water and Power
Department EfficiencyWise Financing
Address 111 N. Hope Street
Address 2 Room 1057
Place Los Angeles, California
Zip/Postal Code 90012
Phone (800) 473-3652


Website http://www.ladwp.com/ladwp/homepage.jsp
Contact Name SAFE-BIDCO
Department EfficiencyWise Financing
Address 1626 Fourth Street
Place Santa Rosa, California
Zip/Postal Code 95404
Phone (707) 577-8621
Phone 2 (800) 273-8637
Email safe-bidco@pacbell.net
Website http://www.safe-bidco.com


  • 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)"