City of Palo Alto Utilities - Commercial and Non-Profit Efficiency Loan Program

March 15, 2016

Summary

City of Palo Alto Utilities (CPAU) provides 0% loans to business and non-profit customers to offset the need for upfront energy efficiency investments in qualifying facilities. Loans are only provided to electric customers and natural gas projects do not qualify. Members have up to 5 years to repay loans, however repayment timelines are based upon the simple payback of the implemented measures. Loans from $5,000 -$50,000 are available for qualifying projects. Projects must also qualify for CPAU rebates which count against the total loan amount. Loans are available for lighting, HVAC, refrigeration, VFD's, insulation, steam upgrades, appliances, commercial cooking equipment and other measures. More information, including a list of qualifying measures and forms, can be found on the website listed above.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	California
Incentive Type:	Loan Program
Web Site:	http://www.cityofpaloalto.org/gov/depts/utl/business/rebates/zerointerest.asp
Administrator:	Utility Marketing Services
Start Date:
Eligible Renewable/Other Technologies:	Dishwasher Refrigerators/Freezers Dehumidifiers Equipment Insulation Water Heaters Lighting Lighting Controls/Sensors Chillers Heat pumps Air conditioners Steam-system upgrades Energy Mgmt. Systems/Building Controls Building Insulation Windows Motor VFDs Processing and Manufacturing Equipment Custom/Others pending approval Other EE Food Service Equipment Vending Machine Controls Personal Computing Equipment Tankless Water Heater
Maximum Loan:	$50,000
Loan Term:	Rate: 0% Repayment: Up to 60 months

Contact

Name:	City of Palo Alto Utilities
Organization:	City of Palo Alto Utilities
Address:	250 Hamilton Avenue Palo Alto CA 94301
Phone:	(866) 716-9400

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.