AlabamaSAVES is an innovative financing program that leverages funds from private lenders to provide an estimated pool of $65 million for low interest rate loans to implement energy efficiency improvements and install renewable energy systems at existing private commercial, industrial and institutional facilities in Alabama. AlabamaSAVES is administered by Abundant Power Solutions, LLC.
For more information, visit the AlabamaSAVES website.
This marketing program provides the latest information available to procure and finance large capital energy improvement projects for the state's public facilities, focusing on public agencies such as K-12 schools, universities, community colleges, state agencies and local governments.
The division, in joint membership with the Energy Services Coalition, serves as an advocate for introducing energy performance contracting agreements (guaranteed energy and cost-savings contracts) as a means to reduce energy consumption and cost for all governmental units in the state. All project costs, including financing, are covered by the energy and cost savings achieved by the installation of the energy efficient improvements such as lighting, HVAC equipment, controls and more.
Click here to see a list of the U.S. Energy Department's Qualified List of Energy Service Companies.
Below are PDF documents with detailed information about many aspects of the Performance Contracting Program.
AEPC Manual revised 12-2011
APPENDIX A - Alabama Guaranteed Energy Cost Savings Act
APPENDIX B--Building Commission Law
APPENDIX C-- Sample RFP rev 10.01
APPENDIX D--Facility Profile
APPENDIX E--Sample Energy Audit Agreement rev 10.01
APPENDIX F--Evaluation Forms
APPENDIX G--Sample Energy Service Agreement_ rev 10.01
APPENDIX H--Alternative Dispute Resolution
APPENDIX I - Checklist and Certification
PERFORMANCE CONTRACTING Fact Sheet