Community Energy Education Management Program

August 06, 2020

Summary

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.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Oklahoma
Incentive Type:	Loan Program
Web Site:	http://okcommerce.gov/state-energy-office/revolving-loan-programs/
Administrator:	Oklahoma Department of Commerce
Start Date:
Eligible Renewable/Other 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
Maximum Loan:	$150,000
Loan Term:	3% interest rate for up to 6 years

Incentives

This program has 1 incentives

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
Sectors:
Parameters:	The incentive is 3.00 %, The incentive has a minimum of $150000.00

Contact

Name:	Kylah McNabb
Address:	900 N. Stiles Oklahoma City OK 73104
Phone:	(405) 815-5249
Email:	Kylah_McNabb@okcommerce.gov

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.