Solar & Battery Regulation & Incentive Programs

Cedarburg Light & Water Utility - Commercial Shared Savings Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Wisconsin
Eligible Storage Technologies:
Refrigerators/Freezers, Lighting, Lighting Controls/Sensors, Chillers, Air conditioners, Compressed air, Motors, Motor VFDs, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE, Vending Machine Controls, Personal Computing Equipment, Commercial Refrigeration Equipment
Website:
http://www.cedarburglightandwater.org/shared-savings-program
Maximum Loan:
$50,000
Loan Term:
Rate: 2%
Repayment: 60 months
Administrator:
Cedarburg Light and Water Utility
Applicable Sectors:
Commercial, Industrial, Nonprofit, Agricultural
Utility:
Cedarburg Light & Water Comm
Last Updated:
07/01/2019

Eligibility Criteria

EligibilitySectorsTechnologies
min $2500.0000
Commercial
Industrial
Nonprofit
Agricultural
Refrigerators/Freezers
Lighting
Lighting Controls/Sensors
Chillers
Air conditioners
Compressed air
Motors
Motor VFDs
Agricultural Equipment
Comprehensive Measures/Whole Building
Custom/Others pending approval
Other EE
Vending Machine Controls
Personal Computing Equipment
Commercial Refrigeration Equipment
max $50000.0000
Commercial
Industrial
Nonprofit
Agricultural
Refrigerators/Freezers
Lighting
Lighting Controls/Sensors
Chillers
Air conditioners
Compressed air
Motors
Motor VFDs
Agricultural Equipment
Comprehensive Measures/Whole Building
Custom/Others pending approval
Other EE
Vending Machine Controls
Personal Computing Equipment
Commercial Refrigeration Equipment

Summary

Cedarburg Light and Water Utility (CLWU) provides loans for commercial, industrial and agricultural customers to increase the energy efficiency of eligible facilities. Loans are meant to provide the up-front capital, based on expected savings, needed for many energy retrofit projects.  Projects may include any new electrical energy-saving or demand-reducing measure that results in lasting impacts for the facility. A 2% annual fee, compounded monthly, is included in the payments. All projects must meet our minimum energy efficiency requirements for consideration for Shared Savings funding. Customers must have at least a three-year, clean payment history with the utility in order to be eligible. A full credit review will be performed prior to attainment of Shared Savings funding. To discover whether a business qualifies for an incentive, customers should contact an Energy Services Representative at CLWU for more information

Wisconsin Focus on Energy offers other financial incentives to eligible business customers for installing qualifying energy efficiency measures. These measures include a variety of technologies including energy efficient lighting, motors, compressed air, and HVAC equipment.