Clean Energy Manufacturing Revolving Loan Fund (Wisconsin)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Clean Energy Manufacturing Revolving Loan Fund|
|Incentive Type||Local Loan Program|
|Eligible Technologies||Biomass, Anaerobic Digestion|
|Energy Category||Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs|
|Amount||250,000 - 1,000,000|
|Funding Source||Clean Energy Manufacturing Revolving Loan Fund|
|Terms|| Compliance with all applicable federal regulations and program guidance|
Recipients must be Wisconsin businesses
|Program Administrator||The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration|
|Date added to DSIRE||2014-11-07|
|Last DSIRE Review||2014-11-07|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Note: Applications must be submitted by 5 PM December 8, 2014.
The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration are offering private sector businesses eligible for low interest loans up to $1,000,000 from the CERLF for projects that fulfill any of the following objectives:
- Increasing energy efficiency through the reduction of industrial/manufacturing facility use of fossil fuels
- Eliminating or reducing waste products through conversion to feedstock for energy production
- Producing biogas
The loan will carry an interest rate of 2% from date of disbursement up to seven years or life expectancy of the equipment being finances, whichever is less. Match must be at least 51% of Total Project Cost. The envrionmental Impact of the project is considered.
Other cost-effective energy reduction or clean energy projects will also be considered for funding through the $7 million CERLF fund.
Visit the program website for details on how to apply.
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.