Alternate Energy Revolving Loan Program
The Alternate Energy Revolving Loan Program (AERLP), administered by the Iowa Energy Center, provides low-interest loans to individuals and organizations that seek to build renewable energy production facilities in Iowa.
Successful applicants receive a low-interest loan that consists of a combination of AERLP and lender-provided funds. The AERLP provides 50% of the total loan at 0% interest rate up to a maximum of $1,000,000. The remainder of the loan is provided by a lender at market rate.
Eligible Technologies
Eligible renewable energy technologies include solar, biomass, wind and small hydro.
Process
Funding decisions for for loans are made by the
- Read more about Alternate Energy Revolving Loan Program
- Log in or register to post comments