LADWP - Non-Residential EfficiencyWise Loan Program (California)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||LADWP - Non-Residential EfficiencyWise Loan Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Nonprofit|
|Eligible Technologies||Custom/Others pending approval|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Up to 5 years to pay off|
5.4% fixed interest rate
|Program Administrator||EfficiencyWise Financing|
|Date added to DSIRE||2006-07-27|
|Last DSIRE Review||2007-06-22|
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.
|Contact Name||Los Angeles Department of Water and Power|
|Address||111 N. Hope Street|
|Address 2||Room 1057|
|Place||Los Angeles, California|
|Address||1626 Fourth Street|
|Place||Santa Rosa, California|
|Phone 2||(800) 273-8637|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.