The Oklahoma Department of Commerce offers a revolving loan fund for local governments to make energy efficient improvements to government buildings. All eligible projects should increase energy efficiency, reduce energy consumption, project a positive return on investment and be paid back within 6 years of the loan award. Funds from this program can be used to pay for a technical assistance report/audit, energy conservation measures, and operation and maintenance procedures that would contribute to overall reduced energy consumption.
An eligible local government may have only one active loan open at any time.
More information, including program guidelines and the application, are available at the program website above.
|Incentive Type:||Loan Program|
|Administrator:||Oklahoma Department of Commerce|
|Eligible Renewable/Other Technologies:||
|Loan Term:||3% interest rate for up to 6 years|
|Technologies:||Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Combined Heat & Power, Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Heat recovery, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Other EE|
|Parameters:||The incentive is 3.00 %, The incentive has a minimum of $150000.00|
900 N. Stiles
Oklahoma City OK 73104
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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