Public Facility Energy Efficiency Program

December 07, 2005

Summary

The Indiana Department of Commerce offers zero-interest loans for school corporates, public libraries and political subdivisions to implement energy savings improvements into existing facilities and design energy efficiency measures into new buildings. To apply for the loan, interested applicants will submit a two-page pre-proposal to the Indiana Department of Commerce. The Energy and Recycling Office in the Department of Commerce will discuss the project with the applicant to determine if a loan application should be submitted. Loan applications are submitted to the Recycling and Energy Development Board (REDB) at least 14 weeks before the REDB's quarterly meeting. Applications will be judged on four equally weighted criteria - energy savings, pollution prevention, practicality and technical feasibility and need for assistance. Ineligible projects are: vacant, unused or condemned buildings; building that are not heated or cooled; and school stadiums. For more information about this loan program and how to submit an application, visit the program website above.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Indiana
Incentive Type: Loan Program
Web Site: http://indianacommerce.com/Grants/grants.asp?SectionID=0&ProgramID=28
Administrator: Indiana Department of Commerce
Start Date:
Eligible Renewable/Other Technologies: Lighting,Chillers,Furnaces,Boilers,Heat pumps,Air conditioners,Energy Mgmt. Systems/Building Controls,Caulking/Weather-stripping,Duct/Air sealing,Building Insulation,Windows,Doors,Motors,Custom/Others pending approval,Other EE
Maximum Loan: $100,000
Loan Term: 0% interest rate with no matching funds required; Repayment terms will be tied to energy savings and must have a payback of less than ten years

Contact

Name: IN DOC Info
Organization: Indiana Department of Commerce
Address: One North Capitol, Suite 700
Indianapolis IN 46204
Phone: (800) 824-8940

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.