Cedarburg Light & Water Utility - Commercial Shared Savings Loan Program

May 17, 2023

Summary

Cedarburg Light and Water Utility (CLWU) provides loans for commercial, industrial and agricultural customers to increase the energy efficiency of eligible facilities. Loans are meant to provide the up-front capital, based on expected savings, needed for many energy retrofit projects. Projects may include any new electrical energy-saving or demand-reducing measure that results in lasting impacts for the facility. A 2% annual fee, compounded monthly, is included in the payments. All projects must meet our minimum energy efficiency requirements for consideration for Shared Savings funding. Customers must have at least a three-year, clean payment history with the utility in order to be eligible. A full credit review will be performed prior to attainment of Shared Savings funding. To discover whether a business qualifies for an incentive, customers should contact an Energy Services Representative at CLWU for more information

Wisconsin Focus on Energy offers other financial incentives to eligible business customers for installing qualifying energy efficiency measures. These measures include a variety of technologies including energy efficient lighting, motors, compressed air, and HVAC equipment.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Wisconsin
Incentive Type:	Loan Program
Web Site:	http://www.cedarburglightandwater.org/shared-savings-program
Administrator:	Cedarburg Light and Water Utility
Start Date:
Eligible Renewable/Other Technologies:	Refrigerators/Freezers Lighting Lighting Controls/Sensors Chillers Air conditioners Compressed air Motors Motor VFDs Agricultural Equipment Comprehensive Measures/Whole Building Custom/Others pending approval Other EE Vending Machine Controls Personal Computing Equipment Commercial Refrigeration Equipment
Maximum Loan:	$50,000
Loan Term:	Rate: 2% Repayment: 60 months

Incentives

This program has 1 incentives

Technologies:	Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Air conditioners, Compressed air, Motors, Motor VFDs, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE, Vending Machine Controls, Personal Computing Equipment, Commercial Refrigeration Equipment
Sectors:	Commercial, Industrial, Nonprofit, Agricultural
Parameters:	The incentive has a maximum of $2500.00, The incentive has a minimum of $50000.00

Contact

Name:	Brett Backhaus
Address:
Phone:	(608) 825-1764
Email:	bbackhaus@wppienergy.org

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.