Biomass Energy Program (Alabama)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Biomass Energy Program|
|Incentive Type||State Grant Program|
|Applicable Sector||Agricultural, Commercial, Industrial, Institutional, Local Government, Schools, State Government|
|Eligible Technologies||Biomass, Landfill Gas, Municipal Solid Waste|
|Energy Category||Renewable Energy Incentive Programs|
|Amount|| Varies by project and interest rate
|Maximum Incentive|| $75,000
|Program Administrator||Alabama Department of Economic and Community Affairs|
The Biomass Energy Program assists businesses in installing biomass energy systems. Program participants receive up to $75,000 in interest subsidy payments to help defray the interest expense on loans to install approved biomass projects. Technical assistance is also available through the program.
Industrial, commercial and institutional facilities; agricultural property owners; and city, county, and state government entities are eligible. Interested parties must obtain loans from commercial lending institutions and submit repayment data to the Alabama Department of Economic and Community Affairs (ADECA) for interest payment assistance. ADECA pays the borrower directly, based on documentation of payment. The interest rates on loans should be no greater than 2% above the prime rate.
With an initial emphasis on wood waste, the program also promotes landfill gas as a potential source of energy for industrial processes and other uses. Several landfill waste disposal facilities across Alabama have been identified as prime candidates for landfill gas recovery and utilization.
|Contact Name||Heather Goggin|
|Department||Alabama Department of Economic and Community Affairs|
|Address||PO Box 5690|
|Phone|| (334) 242-5330
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.