General: up to $50,000
Idaho Falls Power is offering a zero interest loan program to qualifying commercial customers to install efficient lighting and other energy conservation measures. The building must receive its electricity service from Idaho Falls Power and an energy audit must be performed on the building by IFP Energy Services personnel prior to purchase and/or installation. Loan is only available to customers with a good payment history with City Utilities (i.e. no outstanding current balance, no disconnects for nonpayment, no delinquencies). Must have minimum of one year payment history with utility and building owner's signed permission to participate. Loan amount will then be added to your utility bill and will be payable in equal monthly installments in addition to regular utility charges. Defaulted unpaid principal balance accrues interest at the rate of 12% per annum.
Customers meeting these criteria are eligible to receive an energy audit for the following measures, as needed:
*Lighting efficiency improvements
*Motor efficiency improvements
*Building envelope improvements
Customers interested in participating should call 208-612-8143.
Idaho Falls Power also offers a [dsireusa.org/incentives/incentive.cfm?Incentive_Code=ID46F&re=1&ee=1 rebate program] for similar commercial projects.