State Facility Energy Efficiency Fund (Utah)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||State Facility Energy Efficiency Fund|
|Incentive Type||State Loan Program|
|Applicable Sector||State Government|
|Eligible Technologies||Unspecified technologies|
|Energy Category||Energy Efficiency Incentive Programs|
|Program Budget||$2.15 Million|
|Program Administrator||Utah State Building Board|
HB 198 of 2008 established a revolving loan program to fund efficiency improvements in state facilities. The fund was capitalized with a transfer of $3,650,000 from the Stripper Well-Petroleum Violation Escrow Fund. The loan fund was later reduced and now holds $2.15 million. All repayments on loans will return to the fund along with any interest the fund earns.
The State Building Board will manage the loan program and review the applications prepared by state agencies. The State Building Board will make rules to establish criteria to determine loan eligibility and to prioritize energy efficiency measures including project feasibility, estimated payback period and other criteria. Participating agencies which realize annual savings as a result of an efficiency measure funded by a loan cannot have those savings removed from their annual budgets by the legislature. The savings are intended to fund further efficiency projects.
|Contact Name||John Harrington|
|Division||Division of Facilities Construction and Management|
|Address||State Office Building Suite 4110|
|Address 2||Captiol Hill|
|Place||Salt Lake City, Utah|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Utah Code § 63A-5-603|
|Authority 2:||Utah Admin Code R23-30|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.