U.S. Department of Energy – Loan Guarantee Program
|Incentive Type:||Loan Program|
Research, Technology, Agricultural
|Governing Body:||U.S. Department of Energy|
|What’s it worth?:||Not specified|
The U.S. Department of Energy developed this Loan Guarantee Program to assist in bring down the financing cost of large energy projects. The Loan Guarantee guarantees the lender that if the borrowing party defaults on the loan for the identified project, the government will repay the outstanding balance. This is in effort to encourage private investments and minimize taxpayer risk.
Applicants must complete a rigorous review process before being eligible for the Loan Guarantee Program. To apply for this program applications should be submitted through Advanced Fossil Energy Project Solicitations. Eligible applicants must:
- Be located in the U.S.
- Implement a new or significantly improved technology
- Have a technology in general use
- Meet Davis Bacon requirements Efficiency Program
Commercial businesses throughout Texas can qualify for up to $175k in rebates under the TXU Energy Efficiency Rebate Program. The program requires businesses to sign a minimum 12-month contract for service to qualify for rebates to upgrade HVAC controls, retrofit fluorescent lighting fixtures, and ensure usage of LED lighting inside appliances and under exterior canopies, specifically:
- Heat pumps
- Air conditioners
- Compressed air
- Programmable thermostats
- Energy management systems/building controls
- Motor VFDs
- Reflective roofs
- Tankless water heater
- Other custom measures with approval
In addition to signing a contract, businesses must first install the qualifying upgrades fill out and submit the rebate application. Some rebates require a post-retrofit inspection that should be scheduled after the application is submitted before the rebate can be received. Rebates are mailed directly to the client after the submission requirements are met.