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

Eligibility 
Commercial
Industrial
Residential
Agricultural
Institutional
Savings Category 
Processing and Manufacturing Equipment
Agricultural Equipment
Custom/Others pending approval
Program Info
Sector Name 
Utility
Administrator 
Alliant Energy
Website 
http://www.alliantenergy.com/SaveEnergyAndMoney/Rebates/HomeMN/101200
State 
Minnesota
Program Type 
Loan Program
Rebate Amount 
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.