Iowa – Alternate Energy Revolving Loan Program

Incentive Type State Loan Program
Eligible Technologies Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric
Applicable Sectors Commercial, Industrial, Residential, Utility
Incentive 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
Terms0% interest
Maximum term of 20 years
Non-regulated utilities limited to 1 loan every 2 years
Equipment StandardsNone Listed
Installation StandardsNone Listed
Start Date 1996

More Information 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

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