Federal Loan Program

From Open Energy Information

Loan programs provide financing for the purchase of renewable energy or energy efficiency systems or equipment. Low-interest or zero-interest loans for energy efficiency projects are a common demand-side management (DSM) strategy for electric utilities. State governments also offer low-interest loans for a broad range of renewable energy and energy efficiency measures. These programs are commonly available to the residential, commercial, industrial, transportation, public and nonprofit sectors. Loan rates and terms vary by program; in some cases, they are determined on an individual project basis. Loan terms are generally 10 years or less. In recent years, the federal government has offered loans for renewables and energy efficiency projects.

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Federal Loan Program Incentives

IncentiveIncentive TypePlaceApplicable SectorEligible TechnologiesActive
Clean Renewable Energy Bonds (CREBs) (Federal)Federal Loan ProgramUnited States: Energy ResourcesSchools
Local Government
State Government
Tribal Government
Municipal Utility
Rural Electric Cooperative
Solar Thermal Electric
Photovoltaics
Landfill Gas
Wind
Biomass
Hydroelectric energy
Geothermal Electric
Municipal Solid Waste
Anaerobic Digestion
Tidal Energy
Wave Energy
Ocean Thermal
Yes
Energy Star Financing and Mortgages (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercial
Residential
Schools
Local Government
Construction
Utility
State Government
Installer/Contractor
Ground Source Heat PumpsNo
Energy-Efficient Mortgages (Federal)Federal Loan ProgramUnited States: Energy ResourcesResidentialPassive Solar Space Heat
Solar Water Heat
Solar Space Heat
Photovoltaics
Daylighting
Yes
FHA PowerSaver Loan Program (Federal)Federal Loan ProgramUnited States: Energy ResourcesResidential
Multi-Family Residential
Water Heaters
Furnaces
Central Air conditioners
Programmable Thermostats
Energy Mgmt. Systems/Building Controls
Caulking/Weather-stripping
Building Insulation
Windows
Doors
Comprehensive Measures/Whole Building
Solar Water Heat
Photovoltaics
Wind
Ground Source Heat Pumps
Yes
HUD Energy Efficient Mortgages (Federal)Federal Loan ProgramUnited States: Energy ResourcesResidentialSolar Water Heat
Solar Space Heat
Photovoltaics
No
Qualified Energy Conservation Bonds (QECBs) (Federal)Federal Loan ProgramUnited States: Energy ResourcesLocal Government
State Government
Tribal Government
Anaerobic Digestion
Biomass
Geothermal Electric
Hydroelectric energy
Landfill Gas
Municipal Solid Waste
Ocean Thermal
Photovoltaics
Solar Thermal Electric
Tidal Energy
Wave Energy
Wind
Yes
Small Business Administration Loan Programs (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercialSolar Water Heat
Solar Space Heat
Solar Thermal Electric
Photovoltaics
Wind
Hydroelectric energy
Renewable Transportation Fuels
CHP/Cogeneration
No
Tax-Exempt Financing for Green Buildings, Renewable Energy & Brownfield Redevelopment (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercial
Industrial
Local Government
State Government
Passive Solar Space Heat
Solar Water Heat
Solar Space Heat
Photovoltaics
Fuel Cells
Daylighting
No
U.S. Department of Energy - Loan Guarantee Program (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercial
Industrial
Nonprofit
Schools
Local Government
State Government
Agricultural
Institutional
Any non-federal entity
Manufacturing Facilities
Solar Thermal Electric
Solar Thermal Process Heat
Photovoltaics
Wind
Biomass
Hydroelectric energy
Geothermal Electric
Fuel Cells
Daylighting
Tidal Energy
Wave Energy
Ocean Thermal
Biodiesel
Fuel Cells using Renewable Fuels
Yes
USDA - Biorefinery Assistance Program (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercial
Industrial
Local Government
Construction
Utility
State Government
Tribal Government
Fed. Government
Municipal Utility
Investor-Owned Utility
Rural Electric Cooperative
Agricultural
Institutional
Landfill Gas
Biomass
Municipal Solid Waste
Ethanol
Biodiesel
Yes
USDA - Rural Energy for America Program (REAP) Loan Guarantees (Federal)Federal Loan ProgramUnited States: Energy ResourcesCommercial
Agricultural
Solar Water Heat
Solar Space Heat
Solar Thermal Electric
Photovoltaics
Wind
Biomass
Hydroelectric energy
Geothermal Electric
Ground Source Heat Pumps
CHP/Cogeneration
Hydrogen
Anaerobic Digestion
Small Hydroelectric
Tidal Energy
Wave Energy
Ocean Thermal
Renewable Fuels
Fuel Cells using Renewable Fuels
Microturbines
Yes
USDA Rural Housing Service Loans (Federal)Federal Loan ProgramUnited States: Energy ResourcesTribal Government
Rural Electric Cooperative
Solar Thermal Electric
Solar Thermal Process Heat
Photovoltaics
No
Veterans Housing Guaranteed and Insured Loans (Federal)Federal Loan ProgramUnited States: Energy ResourcesResidentialEquipment Insulation
Heat pumps
Caulking/Weather-stripping
Building Insulation
Windows
Doors
Roofs
Passive Solar Space Heat
Solar Water Heat
Solar Space Heat
No

All Loan Programs

References

  1. DSIRE Glossary