Delaware Sustainable Energy Utility (DESEU) offers customized loans for agricultural customer as a part of its Energize Delaware initiative. The program is offered on a first-come, first-served basis with limited funding. The DESEU has contracted EnSave Inc to administer the program.
The program is available to Delaware agricultural producers who wish to install energy efficiency measures located within the State of Delaware. Eligible farms must meet the United States Department of Agriculture definition of a farm as “any place from which $1,000 or more of agricultural products were produced and sold, or normally would have been sold, during the year,” and must also spend at least $10,000 on energy costs each year. Any farm meeting this definition is eligible to apply and receive an energy audit.
The Energize Delaware Farm Program has been developed by the DESEU and its partner EnSave to help agricultural producers secure loans up to $400,000 and grants up to $100,000 towards the installation of efficiency measures. EnSave, an energy and environmental services company, will assist in providing energy audits that deliver a customized roadmap for implementing energy efficiency improvements on their farm.
Please contact EnSave representatives at (800) 732-1399 for any questions or assistance regarding the program.
DESEU also provide grants to qualifying agricultural customers. Please visit the Energize Delaware Farm Grant Program summary for more information.
|Incentive Type:||Loan Program|
|Eligible Renewable/Other Technologies:||Lighting,Building Insulation,Motors,Motor VFDs,Agricultural Equipment,HVAC|
|Maximum Loan:||Maximum of $400,000 per producer|
|Interest Rate:||Interest rates are currently 2% for Energy Efficiency projects and 3% for renewable energy projects.|
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.
Copyright © 2023 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201