Skip Navigation

The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

US Department Energy Efficiency and Renewable Energy
IREC North Carolina Solar Center
Home Glossary Links FAQs Contact About Twitter    Facebook


Incentives/Policies for Renewables & Efficiency

Printable Version
City of New Orleans - NOLA Wise Energy Efficiency Loan Program   

Last DSIRE Review: 10/17/2012
Program Overview:
State: Louisiana
Incentive Type: Local Loan Program
Eligible Efficiency Technologies: Comprehensive Measures/Whole Building
Applicable Sectors: Commercial, Residential, Multi-Family Residential
Amount:Unsecured loan: $3,000-$15,000
Secured loan: $15,001 - $25,000
Maximum Incentive:Unsecured: $15,000
Secured: $25,000
Funding Source:The American Reinvestment and Recovery Act (ARRA) of 2009; State Energy Program
Web Site:

NOLA Wise is a comprehensive residential and commercial energy efficiency program for existing buildings in New Orleans. Administered by Global Green USA, in partnership with the City of New Orleans, the Department of Energy, and the Southeast Energy Efficiency Alliance, NOLA Wise offers project management services to home owners to improve the efficiency of their properties by 15% or more. Tools provided include access to incentives through Entery's Energy Smart program, obtaining other available credits and rebates, and financing assistance options through Fidelity Homestead Savings Bank's Energy Efficient Loans.

The Energy Efficient Loans are available for qualifying properties located in Orleans Parish. These loans are subject to both credit approval and NOLA Wise program requirements.

As of October 2012, unsecured Energy Efficient Loans are available from $3,000 – $15,000 with 3.75% - 10.385%* APR to qualified applicants. Unsecured loans can be repaid in 1, 3, 5 or 7 year terms. Home equity secured loans are available from $15,001 - $25,000 with 5.24% - 6.288%* APR to qualified applicants. Secured loans can be repaid in 5 or 10 year terms. No down payments is required for either unsecured or secured loans, and an additional 0.25% discount on interest is available if automatic payment is setup with a Fidelity checking account.

*More information on loan requirements, interest rates and repayment terms may be found on the Fidelity Energy Efficient Loan web page.

This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.

  Adrian Manriquez
Global Green USA
New Orleans, LA
Phone: (504) 525-2121
Web Site:
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.