| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Louisiana |
| Incentive Type: | Loan Program |
| Web Site: | http://www.shreveportenergy.net |
| Funding Source: | U.S. Department of Energy |
| Start Date: | 05/20/2011 |
| Eligible Efficiency Technologies: | Lighting, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Comprehensive Measures/Whole Building, Other EE |
The Shreveport Energy Efficiency (SEED) program, offered by the City of Shreveport, is intended to complement and enhance the existing Louisiana Home Energy Rebate Option (HERO) program. SEED offers professional energy audit buy-downs and low-interest loans for qualifying retrofits of residential buildings. These incentives are intended to assist in raising program awareness, applicant participation, and diminish costs for improvements.
The SEED program decreases the major cost of the energy audit to Shreveport residents. Energy Audit procedures are performed by the HERO program. Measures which may be eligible for an incentive include air duct improvements, ceiling insulation, building envelope improvements and HVAC replacements.
Low-interest loan parameters based upon principal borrowed*:
*Other factors may weigh into the calculation of interest rates. Please contact the SEED program lending partner to personalized rates.
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| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
