Energy Efficiency Revolving Loan Fund Program (Alaska)

From Open Energy Information


Last modified on February 12, 2015.

Financial Incentive Program

Place Alaska

Name Energy Efficiency Revolving Loan Fund Program
Incentive Type State Loan Program
Applicable Sector Institutional, Local Government, Schools, State Government
Eligible Technologies Custom/Others pending approval, Unspecified technologies
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Not specified.

Maximum Incentive Not specified.

Terms There is a maximum term of 15 years.
Program Administrator Alaska Housing Finance Corporation

References DSIRE[1]


In June 2010, the Alaska Legislature enacted SB 220, an omnibus energy bill, which created several renewable energy and energy efficiency programs, including the Alaska Energy Efficiency Revolving Loan Fund Program. This program is administered by the Alaska Housing Finance Corporation (AHFC) and offers loans to schools, the University of Alaska, state government, and municipal governments for energy efficiency improvements.

In order to participate in this program, the entity requesting the loan must assess existing energy use by participating in the Retrofit Energy Assessment for Loan (REAL) process. This ensures that energy efficiency measures funded by the loan will provide savings greater than the loan payments. An investment grade audit is also required and the energy efficiency measures eligible for a loan will be determined by this audit. There is a maximum term length of 15 years and no maximum loan amount. However, loans in excess of $1.5 million require special approval.

Incentive Contact

Contact Name Scott Waterman
Department Alaska Housing Finance Corporation
Address P.O. Box 101020
Place Anchorage, Alaska
Zip/Postal Code 99510-1020
Phone (907) 330-8195


Authorities (Please contact the if there are any file problems.)

Authority 1: AS 18.56.855
Date Enacted 2010-06-16

Authority 2: SB 220
Date Enacted 2010-06-16

  • 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)"