City of Milwaukee - Energy Efficiency (Me2) Revolving Loan Program (Wisconsin)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Wisconsin
Additional Place applies to Milwaukee, Wisconsin
Name City of Milwaukee Energy Efficiency (Me2) - Revolving Loan Program
Incentive Type Local Loan Program
Applicable Sector Multi-Family Residential, Residential
Eligible Technologies Unspecified technologies
Active Incentive Yes

Implementing Sector Local
Energy Category Energy Efficiency Incentive Programs
Amount $1,000-$15,000







Start Date 2011


Funding Source The American Reinvestment and Recovery Act (ARRA) of 2009; State Energy Program




Maximum Incentive $15,000




Program Budget $42,000,000




Terms Unsecured loan

Up to 15 years amortization
Variable interest rate
Improvements must reduce energy consumption by at least 15%

Program Administrator Wisconsin Energy Conservation Corporation
Website http://www.smartenergypays.com/
Date added to DSIRE 2011-03-02
Last DSIRE Review 2012-02-21



References DSIRE[1]


Summary

Milwaukee Energy Efficiency is a revolving loan program for residential energy efficiency improvements. Loans are available for owner-occupied single family residences or owner-occupied multi-family residences of up to three units. Property must be located within the City of Milwaukee. To sign up for the program, interested residents should use the sign up form on the program web site. Loans are administered by Summit Credit Union.

This program is part of the U.S. Department of Energy's (DOE) BetterBuildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.


Incentive Contact

Contact Name General Contact - ME2
Department City of Milwaukee
Division Milwaukee Energy Efficiency


Place Milwaukee, Wisconsin

Phone (877) 399-1203


Email me2@milwaukee.gov
Website http://www.smartenergypays.com/
     
     


















  • 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)"