AL – AlabamaSAVES Revolving State Loan Program

Title: AlabamaSAVES Revolving State Loan Program

Program Details:

The AlabamaSAVES Revolving State Loan Program is for those who want to retrofit existing facilities. The program is for the following renewable energies: CHP/Cogeneration, Landfill Gas, Biomass, Hydroelectric, Geothermal Electric, Renewable Fuels, Ethanol, Solar Water Heat, Photovoltaics, Biodiesel, and Fuel Cells using Renewable Fuels. The sectors that qualify are the Industrial and Commercial.  You can receive from $250,000 to $4,000,000 in loans, tax credits or grants. The program is offered by the Alabama Department of Economic and Community Affairs (ADECA) with funds from the American Recovery and Reinvestment Act of 2009 (ARRA). An energy audit needs to be included then an application needs to be sent to the Abundant Power Solutions contact below. For more information see the following websites:

Websites:

http://www.alabamasaves.com/Default.aspx

http://www.alabamasaves.com/AlabamaSAVES-TechnicalGuide.pdf

Contact for more information:

Abundant Power Solutions
1355 Greenwood Cliff
Suite 300
Charlotte, NC 28204
Phone: (704) 271-9890
Phone 2: (888) 271-9378
Fax: (704) 271-9891
E-Mail: info@alabamasaves.com
Web Site: www.abundantpower.com

Kathy Hornsby
Alabama Department of Economic and Community Affairs
Energy Division
P.O. Box 5690
401 Adams Avenue
Montgomery, AL 36103-5690
Phone: (334) 353-7556
Fax: (334) 242-0552
Web Site: http://www.adeca.alabama.gov/EWT/default.aspx

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