Alternate Energy Revolving Loan Program

Alternate Energy Revolving Loan Program;
State: Iowa

  • Incentive Type: State Loan Program
  • Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric
  • Applicable Sectors: Commercial, Industrial, Residential, Utility
  • Amount: 50% of financed project cost
  • Maximum Incentive: $1,000,000 for most applicants, but $500,000 for non-rate regulated gas and electric utilities
  • Terms: 0% interest
  • Maximum term of 20 years
  • Non-regulated utilities limited to 1 loan every 2 years
  • Web Site: http://www.energy.iastate.edu/AERLP/index.htm

Contact:

Bill Haman
Iowa State University
Iowa Energy Center
2521 University Drive, Suite 124
Ames, IA 50010-8629
Phone: (515) 294-8819
Fax: (515) 294-9912
E-Mail: iec@energy.iastate.edu
Web Site: http://www.energy.iastate.edu