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Alabama SAVES
Official Website
| Administrative Entity: |
|
Alabama Department of Economic and Community Affairs
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| Open To: |
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Public and Private fleets
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| Total Incentives Available |
- Up to $4,000,000 available
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| Deadline: |
- Rolling low cost financing
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| How to Apply: |
- Complete the application located here.
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| Incentive Details: |
- Program provides 1% fixed rate financing to Alabama businesses for lighting, HVAC, controls, envelope, process improvement upgrades, solar photovoltaic systems, and LNG/CNG or propane fleet conversions.
- A below market rate is enabled through the U.S. Department of Energy, State Energy Program, and the Energy Division of the Alabama Department of Economic and Community Affairs (ADECA).
- Program loan funds may be used to purchase and install energy-efficient fixtures and retrofits, alternative fueling projects and renewable energy systems that achieve a 10-year payback or better.
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| Eligible Applicants: |
- Alabama governmental, institutional, and commercial and industrial properties.
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| Eligible Expenses: |
- Purchase and install energy-efficient fixtures and retrofits, alternative fueling projects and renewable energy systems that achieve a 10-year payback or better.
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| Ineligible Expenses: |
- New construction of buildings and factories.
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| Contact Information: |
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Michael McHugh
Direct: (205) 279-2919
Mobile: (251) 510-2460
Email: mmchugh@abundantpower.com
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Note: ROUSH CleanTech provides no representations, assurances or guarantees to you regarding federal, state, local and other tax incentives or grants. This website does not constitute tax advice. You are strongly advised to consult with your tax advisor regarding the specific federal, state, local, and other tax incentives or grants. The “summary” above is based on ROUSH CleanTech’s interpretation of publicly accessible grant funding documents and is meant to provide an overview of the opportunity. You are strongly advised to review the full grant funding language yourself before making any decisions about pursuing grant funding.
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