Energy Investment Loan Program (Mississippi)

From Open Energy Information


Last modified on February 12, 2015.

Financial Incentive Program

Place Mississippi

Name Energy Investment Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, Schools, Local Government
Eligible Technologies Refrigerators, Lighting, Lighting Controls/Sensors, Furnaces, Boilers, Heat pumps, Central Air conditioners, Caulking/Weather-stripping, Building Insulation, Windows, Doors, Custom/Others pending approval, CHP/Cogeneration, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Biomass, Hydroelectric, Geothermal Electric, Municipal Solid Waste, CHP/Cogeneration
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 15,000 - 500,000

Funding Source Oil overcharge restitution funds from the U.S. Department of Energy

Maximum Incentive 500,000

Terms 2% below prime rate; 10-year repayment term
Program Administrator Mississippi Development Authority

References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Mississippi offers low-interest loans for renewable energy and energy efficiency projects. Eligible renewable energy technologies include solar thermal, solar space heat, solar process heat, photovoltaics (PV), alternative fuels, geothermal, biomass, landfill gas and hydropower. All projects must demonstrate that they will reduce a facility's energy costs. The interest rate is 2% below the prime rate, with a maximum loan term of 10 years. Loans range from $15,000 to $500,000. This program is supported by a revolving loan fund of $7 million, established through federal oil overcharge funds.

Applications are provided to interested parties by request. Contact the Mississippi Development Authority for more information.

Incentive Contact

Contact Name Terrance Spears
Department Mississippi Development Authority
Division Energy Division
Address P.O. Box 849
Address 2 501 North West Street
Place Jackson, Mississippi
Zip/Postal Code 39201
Phone (601) 359-3552


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

Authority 1: Miss. Code § 57-39-39
Date Enacted 1989-01-01

  • 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" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content