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Energy Efficiency Savings (E2SAVE) Financing Program

Designed to help public and private institutions in improving their productivity by harnessing the available new technologies in the market for their energy efficiency projects, E2SAVE will allow loan repayment based on electricity savings to make investment affordable to end-users.

The Program aims to provide credit assistance based on electricity savings to both private and public sectors’ energy efficiency projects to enable them to harness the available new technologies and thus contribute in the effort of reducing greenhouse gas emissions. It likewise aims to provide credit assistance to Energy Service Companies to further promote the development of energy efficiency projects.

Eligible Projects

    • Replacement and installation of highly efficient mechanical and electrical equipment, such as, but not limited to:
      • Lighting
      • Room airconditioning
      • Motors
      • Chillers
      • Refrigeration units
      • Pumps
      • Heating and ventilation equipment
    • Replacement and Installation of highly efficient industrial technologies such as the following:
      • Broilers
      • Kilns
      • Heat exchanges
    • Recovery and utilization of by-product gas, waste and pressure
    • Industrial process improvement and system optimization
    • Preparation of Energy Audit/Investment Grade Audit Report for government entities

Market Segment or Eligible Borrowers

    • Public Sector, such as, but not limited to:
      • National Government Agencies
      • Government Owned and Controlled Corporations
      • State Universities and Colleges
      • Local Government Units
    • Private Companies
      • ESCO accredited by the Department of Energy (DoE)

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