|Incentive Type:||Utility Loan Program|
|Eligible Efficiency Technologies:||Refrigerators, Lighting, Heat pumps, Central Air conditioners, CHP/Cogeneration, Heat recovery, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Processing and Manufacturing Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval|
Repayment: up to 8 years
|Incentive Amount:||up to 350,000 or ten times the amount of estimated savings, whichever is less|
Anaheim Public Utilities offers low-cost financing for energy efficiency measures through State Assistance Fund for Enterprise, Business and Industrial Development Corporation (SAFE-BIDCO). Under this program, Anaheim customers can obtain low-interest loans with no application fees or points.
Anaheim Public Utilities will provide a free energy audit and analysis as required by SAFE-BIDCO to identify and verify energy uses and needs, and evaluate the feasibility of potential measures to improve efficiency.
Small businesses, some landlords and nonprofit organizations can apply; in general, an applicant must not have a net worth in excess of $6 million nor have average net income in excess of $2 million.
The loan covers measures that conserve, produce, or control energy use in new or existing facilities, including:
$150 application fee is waived for Anaheim businesses. Collateral will be required on all loans. See the program website for specific information and loan guidelines.