Energy Efficiency Financing
Energy efficiency is one of the lowest-cost resources for commercial, residential, and industrial sectors, and provides over 30,000 jobs in Utah.
- Electric Utility Programs
- Gas Utility Programs
The U-Save Energy Efficiency Fund (U-Save) provides low-interest loans to cities, counties, and school districts for energy efficiency retrofits or new construction projects.
Four potential benefits of U-Save:
1. 100 percent upfront financing with no money down
2. Maximum 2 percent interest rate on loans
3. Upgrades can help you save on utility bills
4. Utility bill savings can be used to repay the loan
The minimum loan term is 2 years, with a maximum term of 12 years. The minimum loan amount is $5,000 and the maximum loan amount is $1,000,000 for any single project. U-Save is a revolving loan fund, which means that loans are paid back to the fund, and those repayments can be used for new loans. As a result, the amount available for loans changes on a quarterly basis.
For more information about U-Save, available funds, and how to apply, please contact Brooke Tucker, email@example.com. Additional information is available in the U-Save state code and administrative rules.
Electric Utility Programs
Through its wattsmart program, Rocky Mountain Power provides cash incentives and discounts for energy upgrades. Services and incentives are available for homes and businesses.
Non-Rocky Mountain Power customers should contact their local electric provider for energy efficiency programs and incentives.
Gas Utility Programs
Through its ThermWise program, Dominion Energy promotes the use of energy-efficient appliances and practices to reduce natural gas usage. Programs and incentives are available for homes and businesses.
Non-Dominion Energy customers should contact their local gas provider for energy efficiency programs and incentives.
Energy Efficiency Financing Team
- View All Staff