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Business Industrial Resources

The following programs are to help businesses and industries with their energy needs.

 

Click the following names to jump directly to more information​:
Industrial Energy Efficiency Program
Tax Incentives
Alabama SAVES

 

Industrial Energy Efficiency Program

The Alabama Industrial Energy Efficiency Program promotes energy efficiency opportunities to small and medium sized manufacturers to improve their profitability by reducing their energy costs. ADECA partners with the U. S. Department of Energy's Advanced Manufacturing Office and universities to provide resources to increase energy efficiency for Alabama industries. The program also provides education and training on the use of alternative energy sources and lean productivity processes in manufacturing.

The following resources are available to Alabama industries:

 

University of Alabama Industrial Assessment Center (AIAC)

The University of Alabama is home to one of 26 Industrial Assessment Centers sponsored by the U.S. Energy Department. Their mission is to assist small to medium sized manufacturing industries in Alabama with energy conservation, waste reduction and productivity increases.

In 2010, six Alabama companies that worked with the center were recognized for their reduced energy usage.

The following links and documents provide more information:

AIAC Brochure (PDF)
AICA website
U.S. Energy Department Industrial Assessment Center Fact Sheet (PDF)
U.S. Energy Department Industrail Assessment Center website

 

Tax Incentives

For businesses, here is a PDF of Act # 2009-722 - the Investment Tax Credit for Energy Efficient Measures. The act extends the capital credit expansion program to 30 years, includes new or expanding corporate headquarters, data processing centers, research and development facilities and producers or power and gas from biomass, biofuel, and alternate and renewable energy sources as categories of industry eligible for existing tax incentives.

 

Alabama SAVES

The AlabamaSAVES program is the first and only energy-related revolving loan program for existing industries. Funding for the program is provided by the American Recovery and Reinvestment Act of 2009. The program provides financing solutions for commercial and industry energy-efficiency and renewable energy projects in the state. It is administered by Abundant Power Solutions, LLC.

For more information, visit the AlabamaSAVES website.

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