Energy Information Bulletin

The Energy Commission has just revamped one of its programs as a result of recent emergency legislation signed by the Governor. They are offering energy efficiency project loans with a 3% interest rate. You can download it at the following Web Site:

Documents Index

Loans can be provided for energy efficiency projects in existing and planned facilities. For the latter, the projects must exceed the current energy standard. For instance, if a detention facility plans to install an HVAC unit with a SEER of 13 and the current standard is a SEER of 10, we can provide a loan based on the incremental savings above the standard unit.

Please note, they are providing incentives for early project completion for most types of projects. These incentives range from a 3-15% reduction in the loan principal if your project is operational by the dates indicated. Go to the above web site for more details.

Once they get the application, loan approval can be as quick as 5 days depending on the completeness of the application and technical justification.

If you have questions regarding project eligibility, schedule, process or technical assistance, please contact any of the following people:

Tony Wong, twong@energy.state.ca.us, 916-654-4015

Joseph Wang, jwang@energy.state.ca.us , 916-654-4026

Judy Brewster, jbrewste@energy.state.ca.us , 916-654-4053

Merry Bronson, mbronson@energy.state.ca.us , 916-654-4104

Al Garcia, agarcia@energy.state.ca.us , 916-654-4045

Elizabeth Shirakh, eshirakh@energy.state.ca.us , 916-654-4089

Virginia Lew, vlew@energy.state.ca.us , 916-654-3838

Brad Meister, bmeister@energy.state.ca.us , 916-653-1594

We'd appreciate if you could let others know about the availability of our funding.