Cedarburg Light & Water Utility - Commercial Shared Savings Loan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Wisconsin
Incentive Type:Loan Program
Web Site:http://www.cedarburglightandwater.com/business_customers/default.asp?CategoryNumber=3&SubcategoryNumber=5
Administrator:Cedarburg Light and Water Utility
Eligible Efficiency Technologies:Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Air conditioners, Compressed air, Motors, Motor VFDs, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE, Vending Machine Controls, Personal Computing Equipment, Commercial Refrigeration Equipment

Summary

Cedarburg Light and Water Utility (CLWU) provides loans for commercial, industrial and agricultural customers to increase the energy efficiency of eligible facilities. Loans are meant to provide the up-front capital, based on expected savings, needed for many energy retrofit projects.  Projects may include any new electrical energy-saving or demand-reducing measure that results in lasting impacts for the facility. A 2% annual fee, compounded monthly, is included in the payments. All projects must meet our minimum energy efficiency requirements for consideration for Shared Savings funding. Customers must have at least a three-year, clean payment history with the utility in order to be eligible. A full credit review will be performed prior to attainment of Shared Savings funding. To discover whether a business qualifies for an incentive, customers should contact an Energy Services Representative at CLWU for more information

Wisconsin Focus on Energy offers other financial incentives to eligible business customers for installing qualifying energy efficiency measures. These measures include a variety of technologies including energy efficient lighting, motors, compressed air, and HVAC equipment.

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