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Oregon Department of Energy
Small-Scale Energy Loan Program (SELP)
Background
The Oregon Small-Scale Energy Loan Program (SELP) is administered by the Oregon Department of Energy after voters approved a constitutional amendment authorizing the sales of bonds to finance small scale, local energy products. The sale of bonds is made on a periodic basis and, occasionally, to accommodate a particularly large loan request.
The program offers low-interest loans for projects that:
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Save energy
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Produce energy from renewable resources such as water, wind, geothermal, solar, biomass, waste materials, or waste heat
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Use recycled materials to create products
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Use alternative fuels
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Reduce energy consumption during construction
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Incentive Type:State Loan Program
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Eligible Efficiency Technologies:Water Heaters, Lighting, Chillers, Boilers, Heat pumps, Air conditioners, CHP/Cogeneration, Heat recovery, Programmable Thermostats, Energy Management, Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Motors, Irrigation, Wastewater treatment
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Eligible Renewable/Other Technologies: Pass Solar Space Heat, Solar Water Heat, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Municipal Solid Waste, CHP/Cogeneration, Small Hydroelectric, Renewable Fuels
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Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Tribal Government, Federal Government, Rural Electric Cooperative
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Amount: Typically $20,000 to $20 million
Case Study: North Santiam School District
Contact Information:
Kathy Estes
Oregon Department of Energy
625 Marion Street, NE
Salem, OR 97301-3737
(503) 378-5048
Kathy.estes@state.or.us
http://egov.oregon.gov/energy
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