Energy Loan Fund (ELF) (Ohio)
Last modified on September 25, 2013.
Rules Regulations Policies Program
| Place | Ohio |
|---|---|
| Name | Energy Loan Fund (ELF) |
| Incentive Type | Public Benefits Fund |
| Applicable Sector | Commercial, Industrial, Residential, General Public/Consumer, Utility, Institutional |
| Eligible Technologies | Lighting, Heat recovery, Building Insulation, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Renewable Transportation Fuels, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Microturbines |
| Active Incentive | No |
| Implementing Sector | State/Territory |
| Energy Category | Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
|
| Total Fund | 100 million over 10 years |
| Types | Renewables, energy efficiency, distributed energy
|
| Website | http://www.odod.state.oh.us/cdd/oee/energy_loan_fund.htm |
| Date added to DSIRE | 2000-01-01 |
| Last DSIRE Review | 2006-06-15
|
| References | DSIRE[1] |
Summary
Ohio's 1999 electric-restructuring law created the Energy Loan Fund (ELF), which provides incentives for energy efficiency, distributed energy and renewable-energy projects. The ELF will collect $100 million over 10 years from Ohio's four investor-owned utilities -– Duke Energy (formerly Cinergy), American Electric Power, Dayton Power and Light, and FirstEnergy -- to provide low-interest loans for energy-efficiency improvements at residential, government, educational, commercial, industrial and agricultural facilities. The ELF also provides funding for renewable-energy projects. The Ohio Department of Development's (DOD) Office of Energy Efficiency (OEE) operates the fund.
In addition to establishing funding levels, Ohio's restructuring legislation created the Public Benefits Advisory Board, a multi-stakeholder panel that assists the DOD in administering the Universal Service Board and the ELF. The DOD collaborates with the Ohio Public Utilities Commission to design and develop energy programs.
The OEE has developed three loan programs for the ELF:
- Business and Institutional Loans
- Renewable Energy Financial Assistance Program
- Double-Saving Loans for Energy Home Improvements
In addition, the ELF provided grants for advanced energy technology projects in 2003, 2004, 2005 and 2006. Grant opportunities occur periodically; please contact the OEE for details
Authorities (Please contact the if there are any file problems.)
| Authority 1: | ORC § 4928.61 et seq. |
|---|---|
| Date Effective | 2001 |
| Date Enacted | 1999 |
| Expiration Date | 2011 |
Incentive Contact
| Contact Name | Judy Pacifico |
|---|---|
| Department | Ohio Department of Development |
| Division | Office of Energy Efficiency |
| Address | 77 South High Street, 26th Floor |
| Address 2 | PO Box 1001 |
| Place | Columbus, Ohio |
| Zip/Postal Code | 43216-1001 |
| Phone | (614) 387-2732 |
| Phone 2 | (800) 848-1300 |
| aef@development.ohio.gov | |
| Website | http://development.ohio.gov/Energy/default.htm |
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]