Energy Efficiency Revolving Loan Fund

Image of text that reads. "Financing energy efficiency upgrades for West Virginia businesses and nonprofits."

The Energy Efficiency Revolving Loan Fund (EERLF) helps eligible West Virginia organizations invest in energy-saving building upgrades that reduce operating costs, improve comfort, and strengthen long-term building performance.

Program Overview

The WVOE has been awarded $5.7 million through the U.S. Department of Energy’s Energy Efficiency Revolving Loan Fund Capitalization Grant Program, funded by the Bipartisan Infrastructure Law.

This funding allows West Virginia to establish a self-sustaining revolving loan fund that supports energy efficiency improvements in commercial buildings. As loans are repaid, funds are reinvested to finance additional projects, expanding long-term impact statewide.

This program prioritizes expanding access to capital for:

  • Small businesses
  • Nonprofit organizations
  • Institutions serving local communities

Eligible Applicants

To be eligible, applicants must meet all of the following criteria:

  • Own or operate a commercial (non-residential) building
  • Have 500 employees or fewer
  • Conduct the majority of business activity in West Virginia
  • Be one of the following:
    • Small Business
    • Nonprofit organization
    • Institution
    • Eligible public or local government entity.

Eligible Projects

Projects must be supported by a qualifying energy audit and demonstrate life-cycle cost effectiveness.

Eligible measures include, but are not limited to:

  • HVAC upgrades or replacements
  • Building envelope improvements (insulation, windows, doors)
  • Geothermal heating systems
  • Energy-efficient lighting and controls
  • Energy management and control systems

Note: Solar or photovoltaic systems are only eligible if paired with energy storage or designed to operate during grid outages.

Projects must improve energy efficiency, occupant comfort, or indoor air quality; and reduce energy intensity or better manage peak energy demand.

Energy Audit Requirement

A qualifying energy audit is required before a project can advance to full underwriting.

  • Audits must be completed using DOE-approved tools or software
  • Financing is available for energy audits
  • Applicants may submit a pre-application before completing an audit

Applicants without an existing audit will receive guidance on completing this requirement during the review process.


Pre-Application Process

The EERLF pre-application is the first step in determining eligibility and project readiness.

  1. Submit a Pre-Application – Complete and submit the EERLF Pre-Application form. Please include basic organizational, project, and budget information.
  2. Eligibility Review – The WVOE reviews submissions for program eligibility and project fit.
  3. Preliminary Determination – Applicants are notified whether they may proceed or if additional information is needed.
  4. Energy Audit (if required) – Applicants complete a qualifying energy audit prior to underwriting.
  5. Referral to Lending Partner – Eligible applicants complete a full financial application through WVOE’s lending partner.
Image of text that reads. "Final loan approval is based on underwriting, project viability, and completion of all program requirements."

How to Apply

Electronic Submission:

  • Download and complete the pre-application
  • Email all materials as a single document to WVOEInfo@wv.gov with the subject line “EERLF Pre-Application”

Paper Submission:

  • Mail completed materials to
    ATTN: WVOE EERLF Program
    West Virginia Office of Energy
    1900 Kanawha Blvd. E., Bldg 3 Ste 500
    Charleston, WV 25305″

Reporting & Compliance Requirements

Subgrantees must submit:

  1. Quarterly Performance Reports
  2. Annual Program Reports
  3. Final Closeout Report
  4. Compliance Reports (Davis-Bacon, BABA)

Contact

For questions about eligibility or the application process, contact: WVOEInfo@wv.gov and include “EERLF” in the subject line.