ODOD - Double Saving Loan (Ohio)

From Open Energy Information


Last modified on August 6, 2011.

Financial Incentive Program

Place Ohio

Name ODOD - Double Saving Loan
Incentive Type State Loan Program
Applicable Sector Residential
Eligible Technologies Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Water Heaters, Lighting, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Custom/Others pending approval
Active Incentive No
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount 500 - 10,000

Funding Source System Benefits Charge

Maximum Incentive 10,000

Terms Reduced interest rate of up to 50%
Program Administrator Ohio Department of Development
Website http://www.odod.state.oh.us/cdd/oee/ELFQandA.htm#9

References DSIRE[1]


The Ohio Department of Development (ODOD) and the Office of Energy Efficiency (OEE) offers a Double Saving Loan to qualified residential borrowers. Projects that improve energy efficiency in a one- to three-unit residential building are eligible for a interest-rate reduction of up to 50% through a linked deposit.

Possible projects include the installation of Energy Star products and equipment, as well as home insulation and weatherization. Weatherization projects will either need a Home Energy Rating Systems (HERS) rating or to be installed by an approved and Ohio OEE trained contractor.

Borrowers first contact a private lender for funds and then apply for approval under the Ohio Double Saving Loan program. Not all Ohio financial institutions are participating in this program; contact the Ohio OEE for more information.

This program is funded through a system benefits charge; only residents who are in the service area of AEP, Cinergy, First Energy, Dayton Power and Light and Monongahela/Allegheny Power are eligible to apply.

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
Email 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]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"