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Alternative Energy Revolving Loan Program

Eligible States IA
Type Loan
Area of Interest Renewable Energy
Description

An Alternative Energy Revolving Loan can provide up to 50 percent of a project's financed costs up to $1 million. Remaining funds must be obtained from a commercial lender chosen by the applicant. Borrowers repay these zero-interest loans over a maximum of 20 years.

Eligible Organizations Livestock Producer, Commercial/Industrial Business, Residential, Small Business
How to Apply Technical applications for projects with a total financed capital cost of $50,000 or less are reviewed on a continuous basis. Higher cost projects are reviewed on a quarterly basis according to the following deadlines: October 31, January 31, April 30, and July 31. Utilities that are not required to be rate regulated are not eligible.
For More Information http://www.iowaenergycenter.org/alternate-energy-revolving-loan-program-aerlp Exit EPA Disclaimer
Primary Contact Bill Haman
Iowa State University, Iowa Energy Center
2521 Elwood Drive
Suite 124
Ames, IA 50010-8229
(515) 294-8819
iec@energy.iastate.edu

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