Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program (Minnesota)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Minnesota


Name Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program
Incentive Type Utility Loan Program
Applicable Sector Agricultural, Commercial, Industrial, Institutional, Residential
Eligible Technologies Agricultural Equipment, Custom/Others pending approval, Processing and Manufacturing Equipment
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount $1,500 - $25,000








Maximum Incentive $25,000





Terms Rate: 0% - 6.9%

Repayment: up to 5 years

Program Administrator Alliant Energy
Website http://www.alliantenergy.com/SaveEnergyAndMoney/AdditionalWaysSave/FinancingOptions/029922


References DSIRE[1]


Summary

Alliant Energy (Interstate Power and Light - IP&L) offers low-interest financing program for the installation of energy efficient improvements. Businesses, Residences, farms or ag-related businesses are eligible if Alliant Energy supplies the electricity or natural gas on a retail rate basis for the applicable technology. Interest rates for financing range from 0% - 6.9%. The maximum loan amount under this program is $25,000. The Shared Savings Program also offers business customers the ability to purchase high efficiency equipment without any up front costs. IP&L will pay for the cost of the equipment and the customer repays the financing plus administrative fee in 60 equal payments over a five year contract term. Nearly all energy efficient equipment will qualify, but pre-approval from IP&L is required. Contact Alliant Energy for details on financing options.

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Incentive Contact

Contact Name Customer Assistance - IPL Commercial Efficiency
Department Alliant Energy-IP&L
Address 4902 North Biltmore Lane
Address 2 P.O. Box 77007
Place Madison, Wisconsin
Zip/Postal Code 53707-1007
Phone (866) 255-4268
Fax (319) 786-4746
Email energyefficiency@alliantenergy.com
Website http://www.alliantenergy.com/UtilityServices/ForYourBusiness/index.htm


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"