Public Building Electrification Program
SchoolsBE: Convert to clean, efficient, electricity
The Schools Building Electrification (SchoolsBE) program will help local public schools convert methane gas to clean, efficient electricity in their buildings with incentives of up to $600,000 per district and loans of up to $600,000 per district.
Overview
How to fund your building electrification
The SchoolsBE program includes two funding components:
- Incentive funding that will be provided as a grant, which will not require repayment
- A $10 million revolving loan that will require repayment as outlined below
Program Benefits
Incentive levels & limits
Projects will be funded on a first-come, first-served basis, and must meet with the following criteria:
- Project will verifiably reduce building fossil fuel use (typically methane gas savings)
- The maximum amount of incentive support available for each district is $600,000
- Must meet minimum 25% match requirements as outlined below
- Must reduce fossil fuel use for the proposed systems by at least 75%
Loan Availability
Loan levels, terms, & limits
Loans will be available to project awardees as follows:
- Total financing may not exceed the net cost of the project (total cost, less other funding and WestLight Energy incentives, less 25% cost share requirement)
- 5-year maximum loan term
- 1% interest rate
- Minimum loan size of $50,000 per district
- Maximum limit of $600,000 per district
- Payments will be made semi-annually to WestLight Energy
- Must meet minimum 25% match requirements as outlined below
Loan Requirements
Minimum 25% matched by non-WestLight Energy funds
At least 25% of the project total cost must be covered by non-WestLight Energy funds, such as existing school capital improvement budgets, state or federal grants, or donations.
Notification of award will be delivered to applicant within 4 weeks of project submission.
Support
Questions about the SchoolsBE program?
Email us with the subject line “SchoolsBE” at [email protected].
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Throughout the year, we post Requests for Offers (RFOs), Requests for Proposals (RFPs), and other program-related notifications. Subscribe to receive notifications, and stay up to date whenever we share new opportunities.
