Local Option – Energy Improvement Financing Programs

Local Option – Energy Improvement Financing Programs;
State: Minnesota

  • Incentive Type: PACE Financing
  • Eligible Efficiency Technologies: Custom/Others pending approval, Electric Vehicle Charging Equipment
  • Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics, Wind, Geothermal Electric, Geothermal Heat Pumps, Geothermal Direct-Use
  • Applicable Sectors: Commercial, Industrial, Residential, Multi-Family Residential
  • Terms: Loan maturity may not exceed the lesser of the weighted average of the useful life of improvements or 20 years; interest rates locally determined, but must be sufficient to cover program costs.
  • Funding Source: Implementing entities authorized to issue revenue bonds

Contact:

Energy Information Center
Minnesota Department of Commerce
Office of Energy Security
85 7th Place East, Suite 500
St. Paul, MN 55101-2198
Phone: (800) 657-3710
Fax: (651) 297-7891
E-Mail: energy.info@state.mn.us
Web Site: http://www.energy.mn.gov/