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.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | California |
| Incentive Type: | Loan Program |
| Web Site: | http://www.ladwp.com/ladwp/cms/ladwp001440.jsp |
| Administrator: | EfficiencyWise Financing |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Name: | Los Angeles Department of Water and Power |
| Organization: | EfficiencyWise Financing |
| Address: |
111 N. Hope Street Los Angeles CA 90012 |
| Phone: | (800) 473-3652 |
| Name: | SAFE-BIDCO |
| Organization: | EfficiencyWise Financing |
| Address: |
1626 Fourth Street Santa Rosa CA 95404 |
| Phone: | (707) 577-8621 |
| Email: | safe-bidco@pacbell.net |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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