Energy Efficiency Revolving Loan Fund Capitalization Grant Program
In November 2021, Congress passed the Bipartisan Infrastructure Law, also known as the Infrastructure Investment and Jobs Act. The law includes $65 billion for clean energy transmission and expansion of renewables and clean energy. Of this funding, $250 million is available to States to establish an Energy Efficiency Revolving Loan Fund under which the State shall establish programs to support audits, upgrades, and retrofits to increase energy efficiency and improve the comfort of buildings. Residential and commercial buildings may be eligible. Commercial buildings include both publicly and privately owned, including government-owned, buildings.
Tennessee’s allocation to administer the Energy Efficiency Revolving Loan Fund is $9,623,010. Funding for this program is not yet available to State Energy Offices. Tennessee’s Office of Energy Programs submitted its program application to U.S. DOE in May 2023 and is currently awaiting application approval before launching the program.