The Efficiency Plus Business Program has been very successful thanks to participation by Delaware businesses and quality service provided by contractors.  More than 160 companies, non-profits and government agencies have received rebates that helped fund improvements that enabled them to lower their energy costs. 

Due to the large number of applications received recently, the Efficiency Plus Business Program is near the end of its rebate funding.  As a result, we will stop accepting rebate applications on September 10, 2011.

All jobs must have scopes of work signed by the contractor and customer by August 31, 2011 and jobs must be completed and rebates applied for by September 10, 2011.  All required documentation must accompany the application by the deadline to be eligible for a rebate.  Supporting documentation sent via U.S. mail must be post marked by September 10, 2011.

The Efficiency Plus Business Program will continue as a financing program and has funding available for loans at a 1.99% interest rate.  Please contact us at 302-883-3048 or email us at tony.deprima@deseu.org for more information about loans or other program inquiries.

The entire staff of the Efficiency Plus Business Program thanks you for your role in making this program a success.

Eligibility

Program financing is available to all credit-qualified, non-residential entities located in existing facilities in the State of Delaware.  For projects receiving program financing, Recovery Act funding requires compliance with the Davis-Bacon Act, which includes Prevailing Wage and may include Buy American Requirements.

All projects in buildings over 50 years old must be done in coordination with the State Office of Historic Preservation.

Program funding is provided by the American Recovery and Reinvestment Act (ARRA, or the "Recovery Act").  The Recovery Act provides funding for energy efficiency and renewable energy programs in Delaware.

Financing - New Low Rates!

For financed projects, interest rates will vary based on application type and are subject to change. 

• Commercial and non-profit current interest rate is 1.99% with a 7-year payback
• Public sector project current interest rate is 1.99% with a 10-year payback

Lease financing is also available for municipal or local government applicants.  Applicants must fill out the Program Application as well as a Credit Application form (updated 06/28/11).  Applicants seeking funding for Public Sector projects must use the Public Sector Credit Application form.

Energy Audits

Applicants seeking financing will be required to provide an energy audit prepared by a third-party provider selected by the applicant as part of the pre-approval process. Additional information regarding Energy Audit requirements can be found on the Energy Audit Worksheet.

Questions?  Please contact the DE Sustainable Energy Utility at 302-883-3048 or by email at tony.deprima@deseu.org.