AlabamaSAVES™ is brought to you by:

Program Sponsor:

ADECA Energy Division – The Energy Division of the Alabama Department of Economic and Community Affairs administers numerous programs and millions of dollars in grants to improve the quality of life for residents, and encourages energy efficiency and the expansion of renewable energy to strengthen Alabama communities and create jobs in the state.

Program Administrator and Primary Originator:

Abundant Power – Abundant Power Solutions, LLC, partners with states and municipalities to design, administer and finance energy-efficiency and renewable-energy programs.

Additional Origination Partners:

Metrus Energy – Metrus Energy, Inc., offers an innovative financial solution through the program to develop and fund comprehensive energy efficiency projects with no upfront cost or risk to Customers. Payments for these services are based on actual energy savings, providing local businesses with the immediate operational and environmental benefits of large-scale energy efficiency without upfront capital expense.

Philips Lighting – Philips Lighting, a global leader in LED lighting technology and design, offers tailored lighting solutions and Philips Lighting Capital provides private financing options for projects throughout the State. This approach, incorporating program subsidies, provides Alabama businesses with access to the funding needed for turnkey lighting systems that include assessment, design and implementation developed from your specific business needs and goals.

Lender Partners provide low-cost financing and servicing in conjunction with program subsidies.

Bank of America Public Capital Corp – BAPCC, a wholly-owned subsidiary of Bank of America N.A., joined the program through Banc of America Leasing which is the largest U.S. bank-owned equipment financing company and has a significant global presence, providing equipment financing solutions to more than 100,000 clients. Together with affiliated companies, BAPCC offers product expertise and tailored solutions to small businesses, middle-market and large corporations worldwide.