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Idaho

Idaho

Incentives/Policies for Renewables & Efficiency

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Idaho Falls Power - Commercial Energy Conservation Loan Program   

Last DSIRE Review: 05/03/2012
Program Overview:
State: Idaho
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Clothes Washers, Dishwasher, Refrigerators, Water Heaters, Lighting, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Motors, Custom/Others pending approval
Applicable Sectors: Commercial
Amount:General: up to $50,000
Maximum Incentive:General: $50,000
Terms:Rate: 0%
Repayment: up to 60 months
Web Site: http://www.idahofallsidaho.gov/city/city-departments/idaho-falls-...
Summary:

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 rebate program for similar commercial projects.


 
Contact:
  Doug McGiffin
Idaho Falls Power
PO Box 50220
Idaho Falls, ID 83405
Phone: (208) 612-8143
Web Site: http://www.idahofallsidaho.gov/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

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