Wisconsin Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 08/09/2012
Program Overview:
| State: |
Wisconsin |
| Incentive Type: |
Local Loan Program |
| Eligible Efficiency Technologies: |
Unspecified Technologies |
| Applicable Sectors: |
Residential, Multi-Family Residential |
| Amount: | $1,000-$15,000 |
| Maximum Incentive: | $15,000 |
| Terms: | Unsecured loan
Up to 15 years amortization
Variable interest rate
Improvements must reduce energy consumption by at least 15% |
| Funding Source: | The American Reinvestment and Recovery Act (ARRA) of 2009; State Energy Program |
| Program Budget: | $42,000,000 |
| Start Date: | 2011 |
| Web Site: |
http://www.smartenergypays.com/
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Summary:
Milwaukee Energy Efficiency is a revolving loan program for residential energy efficiency improvements. Loans are available for owner-occupied single family residences or owner-occupied multi-family residences of up to three units. Property must be located within the City of Milwaukee. To sign up for the program, interested residents should use the sign up form on the program web site. Loans are administered by Summit Credit Union.
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.
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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.
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