Iowa – Alternate Energy Revolving Loan Program

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
Terms 0% interest
Maximum term of 20 years
Non-regulated utilities limited to 1 loan every 2 years
Equipment Standards None Listed
Installation Standards None 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: [email protected]
Web Site: http://www.energy.iastate.edu

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