Water and Light
Your trusted source of water and electricity for over 100 years.
Why not make an energy efficiency upgrade now and start saving on your utility bills? We can help you with financing the upgrades. Our loans have a fixed, low-interest rate with no prepayment penalties. Click here to download the Commercial Energy Efficiency Loan application.
Energy efficiency assessment
Natural Gas Furnace (with Air Conditioner or heat pump)
Solar water heater
You can select your terms and interest rate by determining the length of your loan.
Up to 3 years: 1%
4 to 5 years: 3%
6 to 10 years: 5%
For commercial electric customers
Must be a property owner
Detailed energy efficiency assessment by certified consultant (ASHRAE Level II)
Minimum insulation requirements
Good credit history
DEED of Trust required
Subordination of loan only under special circumstances
No prepayment penalties
$30,000 maximum loan (commercial)
The loans require an ASHRAE Level II energy assessment. Check with Columbia Water & Light if you would like a list of consultants. After the assessment, you will be given suggestions on how to make your business more energy efficient. Our loan program is a great way to finance these improvements.
Energy Assessments: The cost of an ASHRAE Level II assessment can be financed.
Heating and Cooling Systems: Allows for replacement of a furnace — natural gas, propane or electric — if it is installed along with a new central air conditioner or heat pump with an efficiency rating 11 EER or greater for units that are 6 tons or larger.
Lighting: The new lighting system must be at least a one kilowatt reduction from the old lighting system. Only payments made to outside vendors for equipment, supplies and labor are eligible for financing. All requirements of the lighting incentive program must be followed.
Duct Sealing: Financing is available for sealing the supply and return ducts to achieve the lowest leakage rate possible. Requires an additional duct testing before and after the sealing is completed.
Solar Water Heaters: Solar water heaters that provide at least 50% of water heating costs are eligible. Only solar space heating systems that involve active solar heat collectors are eligible for loans. All solar heating projects must be permitted by the Public Works Department and have a completed final inspection. Pool solar water heaters are not eligible.
Super Saver Loans DO NOT subordinate to other loans you have on your property. If you refinance your current business loan or sell your building, you will be required to pay off the Super Saver Loan. Requesting subordination of your Super Saver Loan generally takes at least two months. If you are refinancing your mortgage for a lower interest rate, shorter loan term, in order to maintain ownership of the building or borrow more money for an improvement project, you could be eligible for subordination. A copy of the customer’s current credit rating, the appraisal used for refinancing and a copy of the mortgage application will need to be submitted. A committee that meets before the tenth day of each month will review the subordination requests to determine if a customer is eligible. Please contact us if you have any questions about subordination.
REBATES: You could also be eligible for a Columbia Water & Light rebate for the energy efficiency improvements you make to your property. Make sure you fill out a rebate application and turn it in with your final loan paperwork. Check with your other utility providers, the Missouri Department of Natural Resources and the Federal Government for additional rebates.
The Super Saver Loan program is financed from the enterprise fund of Columbia Water & Light. No general revenue funds of the city, or any other forms of public money, are used by the program.
NOTE: The parameters for the Super Saver Loan program outlined on this page are effective June 1, 2010.
This information taken from proposed Columbia Ordinance - Chapter 27, Section 27-167