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![]() Financing Options for Schools School. The owner uses the energy cost savings to reimburse the ESCO and to pay off the loan that financed the energy conservation projects. Storage Heat Program Energy Conservation Air Conditioning Program SIGNATURES (BOTH SIGNATURES ARE REQUIRED FOR A JOINT APPLICATION). ENERGY RESOURCE CONSERVATION LOAN APPLICATION. Created Date: 3/31/2015 1:17:33 PM. Energy Resource Conservation Loan. Click Play to Learn More About the ERC Loan Program. Geothermal Grant and Loan Program. The Notice of Proposed Awards (NOPA) for the Geothermal Grant and Loan Program grant solicitation, PON- 1. August 2. 1, 2. 01. See Solicitations for GRDA. The Geothermal Grant and Loan Program regulations have been updated and streamlined effective January 8, 2. See the amended regulations (PDF file). The Geothermal Grant and Loan Program is commonly known as the GRDA Program, after its funding source. Thirty percent of the State's Geothermal Resources Development Account (GRDA) funds are available to the program to promote the development of new or existing geothermal resources and technologies. The GRDA funds come from royalty and lease payments made to the United States government by geothermal developers operating on federal land in California. The Energy Commission makes GRDA Program awards through competitive solicitations called Program Opportunity Notices.
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