Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program (Minnesota)
Summary
Last modified on February 12, 2015.
Financial Incentive Program
| Place | Minnesota
|
|---|---|
| Name | Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program |
| Incentive Type | Utility Loan Program |
| Applicable Sector | Agricultural, Commercial, Industrial, Institutional, Residential |
| Eligible Technologies | Agricultural Equipment, Custom/Others pending approval, Processing and Manufacturing Equipment |
| Active Incentive | Yes |
| Implementing Sector | Utility |
| Energy Category | Energy Efficiency Incentive Programs |
| Amount | $1,500 - $25,000
|
| Maximum Incentive | $25,000
|
| Terms | Rate: 0% - 6.9% Repayment: up to 5 years |
| Program Administrator | Alliant Energy |
| Website | http://www.alliantenergy.com/SaveEnergyAndMoney/AdditionalWaysSave/FinancingOptions/029922
|
| References | DSIRE[1] |
Summary
Alliant Energy (Interstate Power and Light - IP&L) offers low-interest financing program for the installation of energy efficient improvements. Businesses, Residences, farms or ag-related businesses are eligible if Alliant Energy supplies the electricity or natural gas on a retail rate basis for the applicable technology. Interest rates for financing range from 0% - 6.9%. The maximum loan amount under this program is $25,000. The Shared Savings Program also offers business customers the ability to purchase high efficiency equipment without any up front costs. IP&L will pay for the cost of the equipment and the customer repays the financing plus administrative fee in 60 equal payments over a five year contract term. Nearly all energy efficient equipment will qualify, but pre-approval from IP&L is required. Contact Alliant Energy for details on financing options.
Incentive Contact
| Contact Name | Customer Assistance - IPL Commercial Efficiency |
|---|---|
| Department | Alliant Energy-IP&L |
| Address | 4902 North Biltmore Lane |
| Address 2 | P.O. Box 77007 |
| Place | Madison, Wisconsin |
| Zip/Postal Code | 53707-1007 |
| Phone | (866) 255-4268 |
| Fax | (319) 786-4746 |
| energyefficiency@alliantenergy.com | |
| Website | http://www.alliantenergy.com/UtilityServices/ForYourBusiness/index.htm |
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]
References