The Energy Efficiency Investment Fund (EEIF) was created to help Delaware businesses make strategic investments in capital equipment and facility upgrades that will help decrease operating costs, reduce energy consumption, and improve environmental performance. The program offers funding for technical assistance, as well as competitively awarded grants and loans for implementation of energy efficiency projects.

Funding Opportunities
The EEIF program anticipates releasing solicitations on an annual basis. The current funding opportunities are:

Applications are accepted on a rolling basis and are first come first serve.

• Grants available for 50 percent of the cost of the assessment.

Applications will be awarded on a quarterly basis until funding is exhausted. Quarterly deadlines are: December 15, 2012 December 31, 2012 ; February 15,, 2013 ; May 15, 2013; August 15, 2013.

• Grant Application – Grants are not to exceed 30 percent of the total project cost and the maximum grant award is $500,000.
• Loan Application – Low interest loans may be available for the remaining project cost, with the maximum loan amount expected to be $1.5 million. Please refer to the Loan Application Guidance for more information on loan requirements.  

Proposal deadline is March 15, 2013.

• Grants are not to exceed 30 percent of the total project cost.

Learn more about whether your facility may be a good candidate for Combined Heat and Power, by visiting the Environmental Protection Agency's Combined Heat and Power Partnership Project Development page or the U.S. Department of Energy's Advanced Manufacturing Office page on Combined Heat and Power projects.

Applicant Eligibility
Program participants must be “consumers or users of gas or electricity whose purchase of those commodities from a distributor is subject to the public utility tax on gas or electricity.” This includes non-residential entities, except for political subdivisions, state government agencies, public schools and automobile manufacturers. For more information on who pays the public utility tax, please see: http://delcode.delaware.gov/title30/c055/index.shtml. Applicants should check their utility bills to confirm payment of the tax. A copy of the bill must be submitted for verification with each funding application.

Please contact Cara Lampton for more information.