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Alabama Loan Programs for Renewable Energy
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Alabama - Local Government Energy Loan Program


Applicable Sectors: Schools and Local Government

Summary:
Through a private/public partnership with PowerSouth and the United State Department of Agricultural Rural Development, the Local Government Energy Loan Program offers low interest loans to local governments and schools in rural areas for energy efficiency improvements, which will eventually have a payback through utility savings. An eligible town is one with fewer than 50,000 residents and an eligible county government is one with fewer than 100,000 residents. School systems in rural areas are also encouraged to apply, so long as they are in a city or county that meet these population guidelines. Eligible buildings are those that were built before May 1, 1989 and have a heating system, a cooling system, or both. Learn more...

Alabama - South Alabama Electric Cooperative - Energy Resource Conservation (ERC) Loan Program


Applicable Sectors: Residential

Summary:
South Alabama Electric Cooperative is a part owner of Alabama Electric Cooperative which has a generation facility in Andalusia, AL. The Energy Resources Conservation Loan helps members of the cooperative cover the cost of labor and materials for energy conservation measures on existing structures. Loans will only be made to members who have good credit ratings and also own the structures to be weatherized. ERC loans may be provided to finance the cost of labor and materials for items such as insulation, storm or thermal windows, storm or thermal doors, and high efficiency heat pumps. Learn more...




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