Energy Efficiency Grants Upcoming Deadlines
July 10, 2014
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Funding from the Illinois Department of Commerce and Economic Opportunity (DCEO) Illinois Energy Now Program
The Homewood Public Library received $33,600 in incentives in 2014 from the Metropolitan Mayors Caucus Public Sector Energy Efficiency Program. The incentive covered nearly half of their total project cost for HVAC improvements in their facility, implementing a repair and tune up of their variable air volume (VAV) system. This upgrade will save 11,200 therms annually, resulting in a $9,184 annual cost savings and a simple pay back of less than 4 years. Additionally, the project benefits the environment by reducing annual CO2 emissions by 131,000 pounds.
How might your library be able to benefit from energy efficiency funding and technical assistance?
Homewood Public Library - Project Details
PSEE Incentives: $33,600
Total Project Cost: $68,400
Annual Therms saved: 11,200
Annual Cost Savings: $9,184.00
Pay Back Period: 3.79 years
C02 diverted/year: 131,040 pounds
Project Proposal Forms for indoor and outdoor lighting projects are due July 30, 2014 in order to be eligible for supplemental funding through the Illinois Clean Energy Community Foundation that may fund up to 100% of project costs when coupled with PSEE grant reimbursements. 360 Energy Group will provide direct grant application assistance to help public agencies take advantage of all state and private funding available to pay for energy efficiency improvements.
Project Proposal Forms for all energy efficiency projects are due September 1, 2014. If you need assistance planning your project, the program includes free technical assistance from 360 Energy Group at no cost to Public Agencies.
All project completed by October 31, 2014 are eligible for a 10% "sweet deal" bonus. An additional 15% project bonus is also available for attending aDCEO-sponsored event on July 24.
Please click here for the Request for Proposals and Project Proposal Forms.
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