LEADING CLEAN ENERGY SOLUTIONS

Alabama’s industrial sector leads State energy consumption, accounting for nearly one-half of total energy use.*

The Alabama Department of Economic and Community Affairs (ADECA) is pleased to offer the state’s first and only energy revolving loan program for existing industries. The program, funded through the U.S. Department of Energy State Energy Program, provides extraordinary financing solutions for commercial and industrial energy-efficiency and renewable-energy projects in Alabama and is administered by Abundant Power Solutions, LLC.

*** Effective July 1, 2016, the AlabamaSAVES Program will transition to a participating loan program. Details will be made public prior to then. Applications for the current subsidy program will be accepted through March 31, 2016. ***

Program goals

AlabamaSAVES™ is dedicated to these benefits:

 
  • SUPPORTING LOCAL BUSINESS GROWTH STATEWIDE
  • LEADING CLEAN ENERGY SOLUTIONS
  • REDUCING ENERGY COSTS
  • CREATING JOBS

*According to United States Energy Information Administration (EIA)