Advanced Energy Program
The Ohio Department of Development, Office of Energy Efficiency announced Notice of Funding Available (NOFA) in January 2006 including grants for renewable energy systems.
Energy Loan Fund
The Energy Efficiency Revolving Loan Fund's "Renewable Energy Loan Program" promotes investment in energy efficient products, technologies or services that use clean, renewable energy resources. Eligible projects include but are not limited to the purchase and installation of:
solar energy (photovoltaic cells)
wind energy (wind turbines)
bio-mass/bio-energy (from plants and trees or landfill methane)
hydropower (from flowing water or existing dams) and
For residential renewable energy projects, the Loan Fund participation is limited to a minimum of $500 and a maximum of $25,000. For business and institutional renewable energy projects, the Loan Fund participation is limited to a minimum of $5,000 and a maximum of $500,000. Depending on the type of loan, the term is either for up to 5 years or to 8 years.
At the Ohio Wind Power Conference on November 9, 2004, the Ohio Department of Development announced a third round of Distributed Energy Resource grant funding ($1.1 million) available on November 30, 2004 through the Energy Loan Fund. The program will be on the ODOD Office of Energy Efficiency web site. See ODOD last paragraph of news release below: