What is the Columbus Region Energy Loan Fund?

Financing for Central Ohio businesses and non-profits to fund cost-effective, energy efficiency improvements to buildings resulting in lower energy costs.

Who is eligible?

  • Commercial
  • Manufacturing
  • Logistics

  • Healthcare
  • Educational
  • Non-profits
  • Government

How much is available?

  • $200,000 to $5 million projects can be financed
What projects can be financed?
  • Energy efficiency retrofit to existing buildings, including:

-   Lighting

-   Energy management systems and controls

-   High efficiency HVAC

-   Other energy efficiency improvements

  • Energy projects and distribution technologies including:

-   Waste energy recovery: power generation, absorption chillers, process reviews

-   Fuel cells

-   Renewable power generation including methane gas, biomass, wind, solar and photovoltaics.

-   Other distribution technologies 

Benefits of using Energy Special Improvement Districts (ESIDs) through the Energy Fund

  • Low-cost financing
  • Immediate positive cash flow as energy savings pay for debt
  • Potential for 100% financing 
  • Capital investments with no net out-of-pocket expenses
  • Loan tied to the property bill, rather than the borrower’s credit, which reduces the lender’s risk
  • Long-term, aggressive financing at fixed rates
  • Helpful guidance provided through energy efficiency improvement process

How do you access this money?

Contact the Columbus-Franklin County Finance Authority at info@columbusfinance.org

 
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