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Minnesota

Minnesota

Incentives/Policies for Energy Efficiency

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Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program   

Last DSIRE Review: 02/15/2013
Program Overview:
State: Minnesota
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Processing and Manufacturing Equipment, Agricultural Equipment, Custom/Others pending approval
Applicable Sectors: Commercial, Industrial, Residential, Agricultural, Institutional
Amount:$1,500 - $25,000
Maximum Incentive:$25,000
Terms:Rate: 0% - 6.9%
Repayment: up to 5 years
Web Site: http://www.alliantenergy.com/SaveEnergyAndMoney/AdditionalWaysSav...
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.

 
Contact:
  Customer Assistance - IPL Commercial Efficiency
Alliant Energy-IP&L
4902 North Biltmore Lane
P.O. Box 77007
Madison, WI 53707-1007
Phone: (866) 255-4268
Fax: (319) 786-4746
E-Mail: energyefficiency@alliantenergy.com
Web Site: http://www.alliantenergy.com/UtilityServices/ForYourBusiness/index.htm
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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.