HomeMy WebLinkAboutAEA Energy Funding Resources V2.1 05-2019-AOpportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
High Energy Cost Grants Electrical Generation
and Transmission;
Energy Efficiency;
Solar; Wind;
Combined Heat &
Power (CHP); Hydro;
Biomass; Space
Heating
6/24/2019 Program Total
$10,000,000,
Award Ceiling
$3,000,000, Award
Floor $100,000
USDA RD Grant: Assists energy providers and other eligible entities
in lowering energy costs for families and individuals in areas with
extremely high per-household energy costs (275 percent of the
national average or higher.) Does not require match, but match
helps score.
Projects Include: Electric generation, transmission and distribution
facilities, including: Equipment, materials and activities; Land or
right-of-way acquisition, professional expenses, engineering and
permitting costs; Natural gas distribution and storage facilities,
including equipment, materials and activities; Petroleum product
storage and handling facilities, including equipment, materials and
activities; Renewable energy facilities, including solar, wind,
hydropower or biomass technologies used for on- or off-grid:
electric power generation; water or space heating process heating
and power; Backup or emergency power generation or energy
storage technology, including generation equipment installed on
consumer premises.
Implementation of initiatives such as: Energy efficiency
improvements and conservation measures (i.e. weatherization of
residences and community facilities); Programs encouraging the use
of energy-saving appliances and devices; Programs aimed at
improving the quality and cost of energy service.
•Native American tribal governments (Federal recognized)
•Native American tribal organizations (other than Federal
recognized tribal governments)
•Special district governments
•Independent school districts
•Nonprofits having a 501(c)(3) status with the IRS, other than
institutions of higher education
•Nonprofits that do not have a 501(c)(3) status with the IRS,
other than institutions of higher education
•For profit organizations other than small businesses
•State governments
•Small businesses
•Individuals
•Public housing authorities/Indian housing authorities
•Private institutions of higher education
•Public and State controlled institutions of higher education
•County governments
•City or township governments
High Cost Defined by using the 2019 benchmarks:
Benchmarks are based on 275% of the AEI estimated national
annual average of household expenditure and cost per unit of
fuel.
Eligibility is demonstrated by using one or more of the
benchmarks to show high annual household energy costs or
per unit costs.
•Electricity: $3,779 -OR- $0.3556 per kWh
•Natural gas: $1,639 -OR- $27.37 per 1000 cu. ft.
•Fuel oil: $3,317 -OR- $8.80 per gallon
•LPG/propane: $1,843 -OR- $6.82 per gallon
•Total household energy cost of $5,104 -OR- $66.19 per million
Btu.
Estimates also may be appropriate where historical energy
costs do not reflect the cost of providing a necessary upgrade
or replacement of energy infrastructure to maintain or extend
service that would raise costs above one or more benchmarks.
Volkswagen Trust State Allocation Public Transit &
School Buses: Diesel
Engines: Upgrades &
Replacement;
Emissions Reduction
6/14/2019 $8,125,000
Program Total.
$1.7 Million for
2019 School
Buses.
VW Trust/AEA Grant: Focus is on reducing NOx pollution from diesel-
powered trucks and buses, locomotives, ferries/tugs, airport ground
support equipment, and port cargo handling equipment. Generally,
the types of approved actions include replacing older diesel-
powered engines or vehicles with newer cleaner diesel engines,
alternative fueled engines or all-electric engines. Installation of
shore power for ocean going vessels and electric charging stations
are also eligible.
Alaska Public Schools, related transportation contractors, and
public transit authorities.
Currently, Applications are being requested for eligible Public
Transit & School Buses. AEA will be holding a Webinar to assist
Applicants on Thursday, May 16, 2019 at 1:30 pm.
Commercial Building Energy Audit
(CBEA)
Energy Audits 6/15/2019 USDA/AEA Grant: The Commercial Building Energy Audit program
will pay up to 75% of the cost of an ASHRAE level 1+ energy audit
performed on eligible privately owned commercial buildings. The
audit cost is set by the building size. Please refer to the Alaska
Energy Authority website or call for more information.
Commercially owned buildings located in rural Alaska, i.e.,
outside of the Municipality of Anchorage.
Building must be owned by either a:
• Private entity;
• Alaska Native Corporation; or an
• Electric Utility Cooperative.
The CBEA program does not pay for the implementation of the
recommended efficiency measures. A commercial building
energy audit is a requirement to apply for funding through the
USDA Rural Energy for America Programs (REAP). For more
information, see below.
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Alaska Energy Authority - Energy Funding Resources - May 2019
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 1 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
EPAct 2005 Section 242 Hydro Incentive
Program
Hydropower; power
generation equipment
6/20/2019 $6.6 Million
Program Total.
$750,000 Award
Ceiling
DOE incentive funding for existing hydroelectric facilities to
expand/repair power generation equipment to increase generation
capacity, whether powered or non-powered, if the facility was
completed after August 8, 2005. This does not include construction
or enlargement of impoundment or diversion structures, (other than
repair or reconstruction) in connection with the installation of a
turbine or other generating device. Payments for eligible projects
are calculated based on past kWh of production.
1. Is located in a State or in U.S. jurisdictional waters.
2. Has a turbine or other generating mechanism (including
conventional or new and innovative technologies capable of
continuous operation), the majority of which was developed
through incorporation of new equipment, refurbished
equipment, or both.
3. Is owned by a non-Federal entity and operated by a non-
Federal entity.
4. Began producing hydroelectric energy for sale on or after
October 1, 2005.
Qualified facilities will be selected based on the number of
kilowatt hours generated by the facility in calendar year 2018.
The Hydroelectric Production Incentive Program provides
funding for projects adding hydroelectric power generating
capabilities to existing dams throughout the United States.
Program Guidance:
https://www.energy.gov/sites/prod/files/2019/05/f62/hydro-
guidelines-cy18.pdf
Rural Energy for America Program
(REAP) Renewable Energy Systems &
Energy Efficiency Improvement Loans &
Grants
Renewable Energy:
Biomass; Geothermal;
Hydropower; Wind;
Solar; Ocean; Energy
Efficiency Measures
Ongoing.
Typically in
April and
October each
year
$500,000 Total
Alaska Annual
Program
USDA RD Grant/Loans/Loan Guarantee: Funds may be used for
renewable energy systems, such as: Biomass (for example: biodiesel
and ethanol, anaerobic digesters, and solid fuels); Geothermal for
electric generation or direct use; Hydropower below 30 megawatts;
Hydrogen; Small and large wind generation; Small and large solar
generation; Ocean (tidal, current, thermal) generation. Funds may
also be used for the purchase, installation and construction of
energy efficiency improvements, such as: High efficiency heating,
ventilation and air conditioning systems (HVAC); Insulation; Lighting;
Cooling or refrigeration units; Doors and windows; Electric, solar or
gravity pumps for sprinkler pivots; Switching from a diesel to electric
irrigation motor; and Replacement of energy-inefficient equipment.
•Businesses must be in an area other than a city or town with a
population of greater than 50,000 inhabitants and the urbanized
area of that city or town. Check eligible business addresses.
•Agricultural producers may be in rural or non-rural areas.
•Applications for Grants of $20,000 or Less & Loan/Grant of
$20,000 or Less Combo Applications-October and April
•Applications for Unrestricted Grants & Loan/Unrestricted
Grant Combo Applications-April
•Energy Audit and Renewable Energy Development Assistance
Grants
•Guaranteed Loans-Continuous Application Cycle
Tribal Resilience and Ocean and Coastal
Management and Planning
Infrastructure
Management
(including community
power); Sea Level
Rise; Planning;
Climate Change
6/10/2019 $150,000 Award
Ceiling
BIA Grant: To receive grants that support resilience and ocean and
coastal management and planning for tribes preparing for extreme
events and harmful environmental trends. Funding for tribal projects
that support tribal resilience and ocean and coastal management
planning as tribes incorporate science (including Traditional
Knowledge) and technical information to prepare for the impacts of
extreme events and harmful environmental trends.
For BIA-TR-2019-0001: Native American tribal governments
(Federally recognized).
For BIA-TR-2019-0002: Eligibility is limited to not-for-profit, non-
governmental tribal organizations and associations, and tribally-
controlled colleges and universities (TCUs), referred to as “tribal
organization(s)”
There are six total award categories.
Adaptation Planning
Category 1: Trainings and Workshops
Category 2: Adaptation Planning
Category 3: Travel Support for Adaptation Planning
Ocean and Coastal Management Planning
Category 4: Ocean and Coastal Management Planning
Category 5. Travel Support
Ocean & Coastal: Capacity Building
Category 6. Capacity Building:
Awards map: https://biamaps.doi.gov/tribalresilience/
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 2 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Advanced Building Construction with
Energy Efficient Technologies &
Practices (ABC)
Research &
Development: Energy
Efficiency - Deep
energy retrofit using a
holistic approach
Concept
paper due
6/10/2019.
Application
8/12/2019.
Program Total
$33.5 Million.
Award Ceiling $5
Million; Award
Floor $300,000
DOE Cooperative Agreement/Grant: Research and development of
solutions that can be applied to many segments of the building
sector, including existing and new buildings, residential and
commercial, and across multiple climate zones. BTO is seeking
applications aimed at developing deep energy retrofit and new
construction technologies that holistically tackle a combination of
envelope, heating, cooling, water heating, and ventilation issues,
and hold appeal for both building owners and occupants. BTO is
interested in three topic areas:
Topic 1: Integrated Building Retrofits
Topic 2: New Construction Technologies
Topic 3: Advanced Technology Integration
Unrestricted:
• U.S. Citizens and permanent residents;
• For-profit entities;
• Educational institution; and
• Nonprofits.
Specifically, the FOA will fund research aimed at developing
transformative technology solutions that—
• Deliver cost-effective and scalable deep energy savings in
both new and existing buildings;
• Incorporate methods to modernize construction, reduce
costs, and improve quality;
• Address aforementioned barriers to rapid and broad-scale
adoption of energy efficiency technologies and approaches;
and,
• Where possible, serve complementary interests such as grid
reliability, productivity, comfort, etc. to help drive uptake.
Rural Business Development Grant
(RBDG)
Technical Assistance;
Feasibility Studies;
Training; Education;
Possible funding
source for Energy
Efficiency Programs
Not
indicated
No maximum
grant amount,
however smaller
request are given
priority ranging
from $10,000 to
$500,000.
USDA RD Grant: Enterprise grants must be used on projects to
benefit small and emerging businesses in rural areas as specified in
the grant application. Uses may include:
• Training and technical assistance, such as project planning,
business counseling/training, market research, feasibility studies,
professional/technical reports, or product/service improvements
• Acquisition or development of land, easements, or rights of way;
construction, conversion, renovation of buildings; plants, machinery,
equipment, access for streets and roads; parking areas and utilities
• Pollution control and abatement
• Capitalization of revolving loan funds, including funds that will
make loans for start-ups and working capital
• Distance adult learning for job training and advancement
• Rural transportation improvement
• Community economic development
• Technology-based economic development
• Feasibility studies and business plans
• Leadership and entrepreneur training
• Rural business incubators
• Long-term business strategic planning
Rural public entities including, but not limited to:
• Towns;
• Communities;
• State Agencies;
• Authorities;
• Nonprofit Corporations;
• Institutions of Higher Education;
• Federally-Recognized Tribes;
• Rural Cooperatives (If organized as a private nonprofit
corporation)
No cost sharing required.
How are applications evaluated?
• Evidence showing job creation at local businesses;
• Percent of non-federal funding committed to the project;
• Economic need in the area to be served;
• Consistency with local economic development priorities;
• Experience of the grantee with similar efforts.
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 3 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Economic Development Assistance
Programs
Economic
Development; Public
Works; economically
distressed community
support
Ongoing $3,000,000 Award
Ceiling, $100,000
Floor
US DOC Grant: Promoting innovation and competitiveness,
preparing American regions for economic growth and success in the
worldwide economy through strategic investments and partnerships
that create the regional economic ecosystems required to foster
globally competitive regions throughout the United States. EDA
supports development in economically distressed areas of the
United States by fostering job creation and attracting private
investment.
• Special District Governments;
• Native American Tribal Governments;
• Native American Tribal Organizations (other than federally
recognized tribal governments)
• Institutions of Higher Education;
• County Governments;
• State Governments;
• City or Township Governments;
• Nonprofits that do not have a 501(c)(3) status with the IRS,
other than institutions of higher education
• Nonprofits having a 501(c)(3) status with the IRS, other than
institutions of higher education.
A record of successfully assisting rural businesses and
communities, normally including experience making and
servicing commercial loans.
Energy, Power, Control, and Networks
(EPCN)
Engineering: Solar;
Wind; Storage;
Integration;
Monitoring; Advanced
Data Analytics, Micro-
Grids; Energy
Efficiency; Electric
Vehicles; and Grid
Cybersecurity
Ongoing Most awards are
in the $100,000 to
$500,000 range.
NSF Grant: Program supports innovative research in modeling,
optimization, learning, adaptation, and controls. EPCN also
emphasizes electric power systems, including generation,
transmission, storage, and integration of renewable energy sources
into the grid; power electronics and drives; battery management
systems; hybrid and electric vehicles; and understanding of the
interplay of power systems with associated regulatory & economic
structures and with consumer behavior.
Unrestricted:
• Public or private colleges or universities; or
• Non-profit organizations whose primary purpose is the conduct
of research or science education activities;.
• State and municipal governments;
• Public health units;
• Hospital;,
• For-profit firms and individual PI/PDs are not eligible for excess
government personal property under NSF sponsorship.
Energy and Power Systems
• Solar, Wind, and Storage Integration with the Grid
• Monitoring, Protections and Resilient Grid
• Power Grid Cybersecurity
• Market Design, Consumer Behavior, Regulatory Policy
• Microgrids
• Energy Efficient Buildings and Communities
Power Electronics Systems
• Advanced Power Electronics and Electric Vehicles
• Energy Harvesting, Storage Devices and Systems
• Innovative Grid-Tied Power Electronic Converters
Learning and Adaptive Systems
• Neural Networks
• Data Analytics and Intelligent Systems
• Machine Learning Algorithms, Analysis and Applications
Control Systems
• Distributed Control Optimization
• Network Multi-Agent Systems
• Stochastic, Hybrid, Nonlinear Systems
• Dynamic Data-Enabled Learning, Decision and Control
• Cyber-Physical Control Systems
• Applications (Biomedical, Transportation, Robotics)
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 4 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Rasmuson Tier 1 Grants Varies Ongoing $25,000 Award
Ceiling
Rasmussen Foundation (Private Sector) Grant: Short-term projects
that include, but are not limited to, the purchase of furnishings,
equipment and appliances, vehicles, technology, building
construction/renovations/restorations, medical equipment, sports
equipment, scientific equipment, musical instruments, and library
collections (books and audio-visual) development.
Organizations must be based in Alaska, have 501(c)(3) status and
classified as a “not a private foundation” under section 509(a) of
the tax code. In some cases, the Foundation will fund units of
government, such as a city or tribe, or religious organizations if
the project has broad community impact.
Up to $25,000 for nonprofits. Mostly focused on capital
projects.
Rasmuson Tier 2 Grants Varies Ongoing $25,000 and above Rasmussen Foundation (Private Sector) Grant: of more than $25,000
for large capital (building) projects, projects of demonstrable
strategic importance or innovative nature that address issues of
broad community or statewide significance. Tier 2 grants may also
support technology updates and creative works that comply with the
description above. The project must demonstrate long-term benefits
or impacts, and be initiated by an established organization(s) with a
history of accomplishment. Please review the past awards for an
overview of the types of projects funded by the Foundation.
The Foundation accepts proposals from high-performing, Alaska-
Based 501(c)(3) Organizations classified as “not a private
foundation” under section 509(a) of the tax code. Tribes and
Cities are eligible to request support for projects that provide
broad community benefits such as a library, health care facility
and cultural center. In most cases an organization will have
successfully applied for at least one Tier 1 before considering a
Tier 2 request.
Over $25,000 for nonprofits. Mostly focused on large capital
projects.
Economic Impact Initiative For communities with
severe economic
distress. Enlarge
and/or improve
essential community
facilities.
Ongoing $150,000 Award
Ceiling.
USDA RD Grant: Up to 75% of eligible project cost based on need and
funding availability. Priorities are given to projects related to public
health and safety, energy efficiency and education. To construct,
enlarge or improve community facilities for health care, public safety
and public service. Grants may be made in combination with other
financial assistance such as a Community Facilities direct or
guaranteed loan, applicant contribution or funding from other
sources.
Eligibility: Rural areas including; cities, villages, townships, towns and
federally-recognized Tribal Lands, with no more than 20,000
residents that have a “Not Employed Rate” greater than 19.5%. The
median household income of a community being served must be
below 90% of the state non-metropolitan median household income
for grant eligibility.
This program helps very small, financially distressed rural
communities extend and improve community facilities and
public safety. New Loan Refinancing Procedures, and Deadlines
for the Refinancing of Federal Financing Bank Loans Pilot
Program.
Energy Efficiency is among the priorities.
Community Facilities Direct Loan &
Grant Program
Essential Rural
Community Facilities;
includes power &
water
Ongoing Depends on
funding type.
USDA RD Loan/Loan Guarantee: This program provides affordable
funding for purchase, construct, and / or improve essential
community facilities, purchase equipment and pay related project
expenses.
Public bodies; Community-based non-profit corporations; and
Federally-recognized Tribes. Rural areas including cities, villages,
townships and towns including Federally Recognized Tribal Lands
with no more than 20,000 residents according to the latest U.S.
Census Data are eligible for this program. Priority point system
based on population, median household income; Small
communities with a population of 5,500 or less; Low-income
communities having a median household income below 80% of
the state nonmetropolitan median household income.
Provides low interest direct loans, grants, or and combination
of the above, for the loan guarantee program.
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 5 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Water Power Technologies Office 2019
Research Funding Opportunity
Hydro Power R&D 7/9/2019 $26,050,000
Program Total.
$1,800,000 Award
Ceiling; $900,000
Award Floor
DOE Grant/Cooperative Agreement:
Priorities in the following Areas of Interest Area of Interest
(updated)
1: Hydropower Operational Flexibility
1a: Quantify Hydropower Capabilities for Operational Flexibility
1b: Operational Strategies for Increasing Hydropower Flexibility
2: Low-Head Hydropower and In-Stream Hydrokinetic Technologies
2a: Modular Technologies for Low-Head Hydropower Applications
2b: Modular Technologies for River Current Energy Converter
Applications
3: Advancing Wave Energy Device Design
4: Marine Energy Centers Research Infrastructure Upgrades
Unrestricted. U.S. citizens and lawful permanent residents are
eligible to apply for funding as a prime recipient or sub recipient;
For-profit entities, educational institutions, and nonprofits.
Complete information can be found on the EERE Exchange
website - https://eere-exchange.energy.gov/
Wind Energy Technologies Office
Funding Opportunity Announcement
Fiscal Year (FY) 2019
Wind Energy R&D 6/17/2019 $28.1 Million
Program Total.
$5,000,000 Award
Ceiling; $500,000
Award Floor
DOE WETO Grant/Cooperative Agreement: Funding for innovative
wind energy technologies research and development including land-
based, distributed, and offshore applications.
Four Areas of Interest:
1: Wind Innovations for Rural Economic Development (WIRED)
1a: Fully integrated distributed wind research and development
(R&D) innovations to enhance resilience and reliability
1b: Balance of system cost reduction through standardization
2: Utilizing and Upgrading National-Level Facilities for Offshore Wind
R&D
2a: R&D utilizing existing national-level offshore wind testing
facilities
2b: R&D requiring upgrades to existing national offshore wind
testing facilities
3: Project Development for Offshore Wind Technology
Demonstrations
4: Tall Towers for U.S. Wind Power Complete
Unrestricted:
• U.S. citizens and lawful permanent residents are eligible to
apply for funding as a prime recipient or sub recipient;
• For-profit entities;
• Educational Institutions; and
• Nonprofits.
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 6 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Rural Economic Development Loans and
Grants (REDLG)
Community
Development; Job
Creation; Facilities
and Equipment;
Business Expansion
Ongoing $300,000 Grant
Award Ceiling,
$2,000,000 Loan
Ceiling
USDA RD Loans & Grants: Program provides funding for rural
projects through local utility organizations. USDA provides zero-
interest loans to local utilities which they, in turn, pass through to
local businesses (ultimate recipients) for projects that will create and
retain employment in rural areas. The ultimate recipients repay the
lending utility directly. The utility is responsible for repayment to
USDA. Provides grants to local utility organizations which use the
funding to establish revolving loan funds (RLF). Loans are made from
the revolving loan funds to projects that will create or retain rural
jobs. When the revolving loan fund is terminated, the grant is repaid
to USDA. Goals:
• Achieving e-Connectivity for Rural America
• Developing the Rural Economy
• Harnessing Technological Innovation
• Supporting a Rural Workforce
• Improving Quality of Life
Intermediaries may use REDLG funds to lend for projects in rural
areas or towns with a population of 50,000 or less. Eligible
entities are: Any former Rural Utilities Service (RUS) borrower.
Current Rural Development Electric or Telecommunication
Programs Borrowers who borrowed, repaid or pre-paid an
insured, direct, or guaranteed loan. Nonprofit utilities that are
eligible to receive assistance from the Rural Development Electric
or Telecommunication Programs; or Current Rural Development
Electric or Telecommunication Programs Borrowers.
AEA potentially eligible based on RUS borrower eligibility.
Deadlines are quarterly. Terms for the intermediary are: 10
years at 0 percent. Grants require a 20 percent match from the
intermediary. Grants must be repaid to USDA upon termination
of the RLF.
•Up to $300,000 in grants may be requested to establish the
RLF
•Up to 10 percent of grant funds may be applied toward
operating expenses over the life of the RLF
•Up to $2 million in loans may be requested
Power Project Loan Fund (PPF) Power Projects Ongoing As of March 31,
2019 the
uncommitted cash
balance is
$10,777,290
AEA Loan: The Power Project Fund (PPF) loan program provides
loans to local utilities, local governments or independent power
producers for the development, expansion or upgrade of electric
power facilities, including distribution, transmission, efficiency and
conservation, bulk fuel storage and waste energy.
Electric utility; regional electric authority; regional or village
corporation; independent power producer; Borough or municipal
governments; village council.
The loan term is related to the productive life of the project,
but cannot exceed 50 years. Interest rates vary between
tax-exempt rates at the high end and zero on the low end. The
tax-exempt rate is equal to the average weekly yield of
municipal bonds for the 12 months preceding the date of the
loan Application. As of May 13, 2019 this rate was 3.84 percent.
The interest rate can be adjusted downward in certain
circumstances to improve financial feasibility. Loan requests of
more than $5 million require legislative authorization to apply.
Rural Energy Savings Program (RESP) Energy Efficiency and
related activities;
Energy Audits;
Storage; On or Off
Grid Solar; Replace
Manufactured
Housing; Support OBF
(On Bill Financing)
9/30/2019
Sample LOI
Currently, $100
million is available.
Obligated funding
ranges from
$200,000 to $13
million.
Loan: The Rural Energy Savings Program (RESP) helps rural families
and small businesses achieve cost savings by providing loans to
qualified consumers to implement durable cost-effective energy
efficiency measures.
Eligible (utilities) applicants under the RESP include current and
former RUS borrowers, subsidiaries of current or former RUS
borrowers, and entities that provide retail electric service needs
in rural areas. Energy Efficiency for small businesses and families.
For relending or supporting programs such as OBF,
weatherization, etc. Changed their definition of “rural” to
include a utility with a census tract in their service area with a
population of less than 20,000 - check with USDA Program
Administrators for a review.
Terms of the loans:
•Up to 20 years at a 0% interest rate
•Up to 3% interest rate for relending to end users qualified
consumers, for up to 10 years
•Up to 4% of the loan total may be used for startup costs
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 7 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
Biorefinery, Renewable Chemical, and
Biobased Product Manufacturing
Assistance Program
Construction of
Commercial Scale Bio-
Refineries: Advanced
Biofuels; Renewable
Chemicals; or
Biobased Products
April 1st and
Oct. 1
annually
$250,000,000
Program Total
Loan Guarantees
USDA RD Loan Guarantee: up to 80%. This program assists in the
development, construction, and retrofitting of new and emerging
technologies for advanced biofuels, renewable chemicals and
biobased products by providing loan guarantees up to $250 million.
Lenders with legal authority, sufficient experience and expertise,
and can demonstrate they meet the FDIC definition of “Well
Capitalized” at the time of application and issuance of Loan Note
Guarantee, including:
• Federal or State chartered bank;
• Federally recognized tribes, Cooperatives;
• Farm Credit Bank; or
• Other Farm Credit System institution with direct lending
authority; Credit Unions subject to credit examination and
supervision by a State agency or the National Credit Union
Administration;
• The National Rural Utilities Cooperative Finance Corporation.
Required Letter of Intent Due: Not less than thirty (30) days
prior to application deadline
Electric Infrastructure Loans and Loan
Guarantees (FFB)
Energy Efficiency;
Renewable Energy;
Maintenance;
Upgrades. Opening a
refinance Pilot
Program.
Ongoing Varies USDA RD Loan: The electric program makes insured loans and loan
guarantees to nonprofit and cooperative associations, public bodies,
and other utilities. Insured loans primarily finance the construction
of electric distribution facilities in rural areas. The guaranteed loan
program has been expanded and is now available to finance
generation, transmission, and distribution facilities. The loans and
loan guarantees finance the construction of electric distribution,
transmission, and generation facilities, including system
improvements and replacement required to furnish and improve
electric service in rural areas, as well as demand side management,
energy conservation programs, and on-grid and off-grid renewable
energy systems.
Most retail or power supply providers serving qualified rural
areas, including:
•State and local governmental entities
•Federally-recognized Tribes
•Nonprofits including cooperatives and limited dividend or
mutual associations
•For-profit businesses (must be a corporation or limited liability
company)
Loan Guarantees up to 100% allow the Federal Financing Bank
(FFB) to extend credit to qualified borrowers in rural areas.
100% of the construction work plan can be financed. Hardship
Loans may be used, at the sole discretion of the Rural Utilities
Service, to assist applicants in rural areas that are either
economically distressed or recovering from an unavoidable
event, such as a natural disaster
Intermediary Relending Program in
Alaska(IRP)
Economic
Development
Ongoing Up to $2,000,000 USDA Loan: Intermediary: Up to $2 Million for 1st financing, then $1
Million at time thereafter, aggregate not to exceed $15 Million.
Interest rate fixed 1%, 30 yr. max, interest only payment permitted
for 1st 3 yrs. Recipient: Maximum is $250,000 or 75% of recipients
project, whichever is less.
The following are eligible to be an intermediary lender:
Nonprofits and cooperatives; Federally-recognized Tribes; Public
agencies Requirements for the Intermediary: Legal authority to
operate a Loan Revolving Fund; A record of successfully assisting
businesses and communities, normally including experience
servicing commercial loans; and ability to provide adequate
assurance of repayment of the loan.
Provides 1 percent low-interest loans to local intermediaries
that re-lend to businesses to improve economic conditions and
create jobs in rural communities.
Business & Industry Loan Guarantees Job creation; Business
Development;
Purchase Land &
Facilities; Equipment
(energy),Tenant
Improvements;
Renovation; Debt
Refinance.
Continuous $25,000,000
Maximum Loan
Guarantee
USDA RD Loan Guarantee: This program bolsters the availability of
private credit by guaranteeing loans for rural businesses. May be
used in any area other than a city or town with a population of
greater than 50,000 inhabitants and the urbanized area of that city
or town. The borrower’s headquarters may be based within a larger
city as long as the project is located in an eligible rural area. The
lender may be located anywhere.
For populations under 50,000 people are eligible, including:
• For-profit businesses;
• Nonprofits; Cooperatives;
• Federally-recognized Tribes;
• Public bodies; Individuals.
Eligible Lenders:
• Federal or state-chartered banks
• Savings and loans
• Farm credit banks
• Credit unions
Maximum amount of a loan guarantee:
•80 percent for loans of $5 million or less
•70 percent for loans between $5 and $10 million
•60 percent for loans exceeding $10 million, up to $25 million
maximum
Loan terms depend on what is being financed. Interest rates
are negotiated between the lender and borrower, subject to
Agency review.
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 8 of 9
Opportunity Name (Hyperlinked to Source) Project Type(s)Due Date Amount Description Eligibility Comments
This matrix is updated monthly by AEA staff. While we do our best to make it comprehensive it is not fully complete; funding opportunity sources change frequently and there may be opportunities missing. Opportunity summaries are provided to assist informing the reader’s review and
are not comprehensive. For more information on an opportunity, links to source websites and documents are provided, as are opportunity identification numbers, when available. AEA's project development and finance staff work with utilities and communities around the state to assist
where needed with project selection, identifying and securing project funding, project management, technical assistance, and ongoing operations and maintenance best practices. The monthly EFOM (Energy Funding Opportunities Matrix) is a resource intended to help communities,
utilities, and organizations identify and track various means of funding for projects. For more information about this list and how to get on the distribution list, contact Tom Benkert, Energy Funding Resources Specialist, at tbenkert@akenergyauthority.org, or call 907-771-3985.
AHFC Energy Efficiency Revolving Loan
Fund (AEERLP) for Public Facilities
Energy Efficiency Ongoing No Maximum AHFC Loan: For Public Facilities. Provides financing for permanent
energy-efficient improvements to public buildings owned by
regional educational attendance areas, by the University of Alaska,
by the state or by municipalities in the state. Borrowers obtain an
Investment Grade Audit as the basis for making cost-effective energy
improvements, selecting from the list of energy efficiency measures
identified with the initial rating. All of the improvements must be
completed within 365 days of loan closing.
• Regional education attendance areas; the
• University of Alaska; the
• State of Alaska; and
• Municipalities of the state.
No maximum loan amount. 15-year term (at a 4.25% to 4.5%
rate as of 10/23/2018), or as determined by AHFC. Up to 12-
month max draw term, or as determined, followed by 14-year
term. Interest rate determined on date of Loan Application and
Investment Grade Audit submitted. Debt Service Coverage
Ratio of 1.20 or greater.
By: Tom Benkert, Energy Funding Resources Specialist, Alaska Energy Authority 9 of 9