| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Oklahoma |
| Incentive Type: | Loan Program |
| Web Site: | http://okcommerce.gov/state-energy-office/revolving-loan-programs/ |
| Administrator: | Oklahoma Department of Commerce |
| Funding Source: | Oil overcharge restitution funds |
| Eligible Renewable/Other Technologies: | Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Combined Heat & Power |
| Eligible Efficiency Technologies: | Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Air conditioners, Heat recovery, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Other EE |
The Oklahoma Department of Commerce offers a revolving loan fund for local governments to make energy efficient improvements to government buildings. All eligible projects should increase energy efficiency, reduce energy consumption, project a positive return on investment and be paid back within 6 years of the loan award. Funds from this program can be used to pay for a technical assistance report/audit, energy conservation measures, and operation and maintenance procedures that would contribute to overall reduced energy consumption.
An eligible local government may have only one active loan open at any time.
More information, including program guidelines and the application, are available at the program website above.
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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
