Biomass Energy Program

AL Grant Program commercial industrial local government schools state government agricultural institutional

Administered by: Alabama Department of Economic and Community Affairs

Program Details

Program ID
199
Last Updated
11/21/2013

Eligibility

Eligible Sectors
commercial industrial local government schools state government agricultural institutional
Eligible Technologies
biomass municipal solid waste landfill gas

Program Summary

The Biomass Energy Program assists businesses in installing biomass energy systems. Program participants receive up to $75,000 in interest subsidy payments to help defray the interest expense on loans to install approved biomass projects. Technical assistance is also available through the program. Industrial, commercial and institutional facilities; agricultural property owners; and city, county, and state government entities are eligible. Interested parties must obtain loans from commercial lending institutions and submit repayment data to the Alabama Department of Economic and Community Affairs (ADECA) for interest payment assistance. ADECA pays the borrower directly, based on documentation of payment. The interest rates on loans should be no greater than 2% above the prime rate. With an initial emphasis on wood waste, the program also promotes landfill gas as a potential source of energy for industrial processes and other uses. Several landfill waste disposal facilities across Alabama have been identified as prime candidates for landfill gas recovery and utilization.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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