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Anaheim Public Utilities - Low-Interest Energy Efficiency Loan Program

Last Review: 2013-01-14
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
Applicable Sectors: Commercial
Terms: Rate: 5%
Repayment: up to 8 years
Incentive Amount: up to 350,000 or ten times the amount of estimated savings, whichever is less
Website: http://www.anaheim.net/article.asp?id=4145

Summary:

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: 

  • Lighting changes 
  • Weatherization 
  • Cogeneration 
  • Management systems 
  • HVAC system upgrades 
  • Alternate energy systems 
  • Pump, process or refrigeration system improvements 
  • Other projects that conserve energy equal to 15 percent of normal usage or manage load

$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.


Contact:
Anaheim Public Utilities
Energy Efficiency Loan Program
Anaheim City Hall
200 S. Anaheim Blvd.
Anaheim, CA 92805
Phone:(714) 765-4259 Ext.
Phone 2:(800) 273-8637
Email: elasley@anaheim.net
Web site: http://www.anaheim.net/utilities/adv_svc_prog/residential_rehabilitation/index.pdf

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