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Business Type

 

Biopower

Application Tips

General Advice

  • Be sure that your project is eligible for Energy Trust funding. See the eligibility guidelines or contact at 503-445-7632.
  • Be clear and concise, but give us enough information to understand the scope of your proposal.
  • We will review your proposal based on its content only, not on other information that Energy Trust staff may have about you or your project. Please completely respond to all questions asked in the application.

Scope of work and intended impacts

  • Clearly state your objectives and identify specific tasks to achieve them.
  • Provide a realistic timetable.
  • Explain how the project helps Energy Trust meet its goals of:
    1. Multiple project benefits: Competitive projects will offer non-energy benefits, such as educational opportunity, increased in-state employment and environmental protection or remediation.
    2. Market transformation: We seek projects that build the market for renewable energy in Oregon, in addition to supplying reliable clean energy. Show how your project would demonstrate an effective application of renewable energy to new audiences, or building the in-state renewable energy business infrastructure.

Financial structure

We need to ensure that projects funded by Energy Trust have a high chance of succeeding, and a high chance of continuing to provide Oregon citizens with clean energy reliably over the long term. We also seek to fund low-cost uses of renewable energy within each project size, technology type and customer category. To help us meet those goals, we need a thorough understanding of your project's financial structure.

Your Full Application should show all the itemized costs of completing the project. (Somewhat less information may be appropriate on your Initial Application.) These should include at least the following:

  • Capital equipment costs
  • Installation costs
  • Interest and other financing costs
  • Ongoing operating and maintenance costs
  • Insurance
  • Major overhaul costs or replacement fund
  • Contingency fund
  • Taxes
  • Permitting costs
  • Other relevant costs

You should also describe all sources of financing or revenue. These typically include the following:

  • Debt
  • State and federal tax credits, benefits and incentives
  • State, federal and private grants
  • Power sales
  • Sales of other products

Please also describe interest rates, discount rates and other relevant aspects of your project's financial structure, as well as the legal structure of project investors.

NOTE: Applicants are encouraged to apply for the State Energy Loan Program offered by the Oregon Department of Energy, as well as all other applicable forms of funding.

Qualifications

Provide detailed descriptions of your team's qualifications in the following areas:

  • Management and administrative skills
  • Technical skills and experience