Idaho Falls Power - Commercial Energy Conservation Loan Program (Idaho)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Idaho Falls Power - Commercial Energy Conservation Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Boilers, Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Chillers, Clothes Washers, Custom/Others pending approval, Dishwasher, Doors, Duct/Air sealing, Furnaces, Heat pumps, Lighting, Motors, Programmable Thermostats, Refrigerators, Water Heaters, Windows, Electric rechargeable lawn mowers, electric rechargeable weed trimmers|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| General: up to $50,000
|Maximum Incentive|| General: $50,000
|Terms|| Rate: 0%|
Repayment: up to 60 months
|Program Administrator||Idaho Falls Power|
Idaho Falls Power is offering a zero interest loan program to qualifying commercial customers to install efficient lighting and other energy conservation measures. The building must receive its electricity service from Idaho Falls Power and an energy audit must be performed on the building by IFP Energy Services personnel prior to purchase and/or installation. Loan is only available to customers with a good payment history with City Utilities (i.e. no outstanding current balance, no disconnects for nonpayment, no delinquencies). Must have minimum of one year payment history with utility and building owner's signed permission to participate. Loan amount will then be added to your utility bill and will be payable in equal monthly installments in addition to regular utility charges. Defaulted unpaid principal balance accrues interest at the rate of 12% per annum.
Customers meeting these criteria are eligible to receive an energy audit for the following measures, as needed:
- Lighting efficiency improvements
- HVAC upgrades
- Motor efficiency improvements
- Building envelope improvements
Customers interested in participating should call 208-612-8143.
Idaho Falls Power also offers a [dsireusa.org/incentives/incentive.cfm?Incentive_Code=ID46F&re=1&ee=1 rebate program] for similar commercial projects.
|Contact Name||Doug McGiffin|
|Department||Idaho Falls Power|
|Address||PO Box 50220|
|Place||Idaho Falls, Idaho|
|Phone|| (208) 612-8143
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.