Local Government Energy Loan Program (Tennessee)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Tennessee

Name Local Government Energy Loan Program
Incentive Type State Loan Program
Applicable Sector Local Government, Schools
Eligible Technologies Boilers, Central Air conditioners, Chillers, Furnaces, Heat pumps, Lighting
Active Incentive No

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Varies by specifications of energy audit










Funding Source Oil overcharge restitution funds




Maximum Incentive 500,000









Terms 3% for loans over 7 years (0% for communities certified as "Three-Star")

Website http://www.tennessee.gov/ecd/CD_local_gov_energy_loan.html
Date added to DSIRE 2005-07-08
Last DSIRE Review 2011-12-09



References DSIRE[1]


Summary

The Local Government Energy Efficiency Loan Program offers low interest loans to municipal and county governments for energy efficiency-related projects in courthouses, administration buildings, schools, maintenance facilities, and any other building owned by the city or county. Free energy audits and technical assistance is available to all local government institutions regardless of whether they borrow loan funds. Eligible projects can borrow up to $500,000 at an approximate 3% interest rate.


Incentive Contact

Contact Name Paula Lovett
Department Tennessee Department of Economic and Community Development
Division Energy Division
Address 312 8th Avenue, North, 10th Floor
Address 2 William Snodgrass Tennessee Tower
Place Nashville, Tennessee
Zip/Postal Code 37243-0405
Phone (615) 741-6671


Email paula.lovett@tn.gov
Website http://www.tennessee.gov/ecd/CD_energy.html
     
     


















  • 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)"