Low-Interest Energy Loan Programs (Idaho)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Idaho

Name Low-Interest Energy Loan Programs
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, Residential, Schools, Local Government, State Government, Agricultural, Institutional, Hospitals
Eligible Technologies Water Heaters, Lighting, Furnaces, Heat pumps, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Motor-ASDs/VSDs, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, CHP/Cogeneration, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Small Hydroelectric
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Residential Loans: 1,000 to 15,000

Commercial Loans: 1,000 to 100,000
Commercial Loans: 1,000 to 100,000
















Maximum Incentive Residential: 15,000

All others: 100,000










Terms 4% interest with 5-year term
Program Administrator Office of Energy Resources
Website http://www.energy.idaho.gov/financialassistance/energyloans.htm
Date added to DSIRE 2000-01-01
Last DSIRE Review 2014-10-30



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The Idaho Governor's Office of Energy Resources (OER) State Energy Loan Program offers low-interest loans to make building improvements that will conserve energy and increase energy efficiency projects in Idaho. Loans are leveraged by utility incentives as well as federal and state tax credits and deductions. Loans are 4% interest with 5 year terms. Applications are evaluated on the basis of credit; all loans must be secured with real estate and/or equipment. As of February 1, 2011, loan applicants will be charged credit analysis fees incurred by the Idaho Governor's Office of Energy Resources. Fees for residential loans are $100 and fees for commercial loans are $250. The fee is due after the project analysis is completed and before the credit analysis is initiated. Loans are available for retrofit only, with the exception of some renewable resources.


Incentive Contact

Contact Name Tammy Japhet
Department Office of Energy Resources

Address 304 N. 8th Street, Suite 250
Address 2 PO Box 83720
Place Boise, Idaho
Zip/Postal Code 83720-0199
Phone (208) 332-1660



Website http://www.energy.idaho.gov
     
     


  • 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"