Energy Investment Loan Program (Mississippi)
Last modified on February 12, 2015.
Financial Incentive Program
Mississippi offers low-interest loans for renewable energy and energy efficiency projects. Eligible renewable energy technologies include solar thermal, solar space heat, solar process heat, photovoltaics (PV), alternative fuels, geothermal, biomass, landfill gas and hydropower. All projects must demonstrate that they will reduce a facility's energy costs. The interest rate is 2% below the prime rate, with a maximum loan term of 10 years. Loans range from $15,000 to $500,000. This program is supported by a revolving loan fund of $7 million, established through federal oil overcharge funds.
Applications are provided to interested parties by request. Contact the Mississippi Development Authority for more information.
|Contact Name||Terrance Spears|
|Department||Mississippi Development Authority|
|Address||P.O. Box 849|
|Address 2||501 North West Street|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Miss. Code § 57-39-39|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.