Industrial Energy Technology Revolving Loan Fund (Arkansas)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Arkansas

Name Industrial Energy Technology Revolving Loan Fund
Incentive Type State Loan Program
Applicable Sector Industrial
Eligible Technologies Biomass, Photovoltaics, Wind, Unspecified technologies
Active Incentive No
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs

Start Date 1/2010

Maximum Incentive $2,000,000

Terms Maximum loan term: 10 years
Interest Rates

Loan Term of 6-10 years: 2% below market rates
Loan Term of 3-5 years: 1.5% below market rates
Loan Term of 0-2 years: 1% below market rates

Program Administrator Arkansas Energy Office

References DSIRE[1]


Low interest-rate loans are available to industries in Arkansas to implement new energy efficient measures or install renewable energy generation. Funding is available for:

  • Replacing low efficiency equipment including but not limited to turbines, motors, lighting, and HVAC systems
  • Installation of wind, solar, or biomass projects
  • Recycling waste heat
  • Power factor corrections resulting in removal or reduction of utility power factor penalties

Loan rates are dependent on the loan length and are related to the current market interest rates. In order to receive funding, the return on investment should be less than the length of the loan term. Projects with a return on investment expected to be greater than 10 years will still be considered if the company commits to repaying the loan within 10 years with other funds.

Funds are distributed on a first come first served basis. Loan repayments begin 60 days after the project completion and are due quarterly. Interested companies should contact the Arkansas Energy Office to begin an application.

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"