Alliant Energy - Low-Interest Energy Efficiency Loan Program

May 23, 2019

Summary

Alliant Energy offers low-interest financing program for the installation of energy efficient improvements. Businesses, residences, farms, or agricultural-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 minimum loan amount is $1,500 and the maximum loan amount under this program is $25,000. Customers who qualify for the low-interest financing per the financial institution's requirements, pay no fees (processing fees, points, down payments, or security liens) to obtain the loan. Note that Alliant Energy is not involved in the loan approval process.

Nearly all energy efficient equipment will qualify, but pre-approval from Alliant Energy is required. Customers participating in this financing program are not eligible for other incentives from Alliant Energy on the equipment financed. Contact Alliant Energy for details on financing options.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Minnesota
Incentive Type: Loan Program
Web Site: http://www.alliantenergy.com/SaveEnergyAndMoney/AdditionalWaysSave/FinancingOptions/029903
Administrator: Alliant Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Processing and Manufacturing Equipment
  • Agricultural Equipment
  • Custom/Others pending approval
Maximum Loan: $25,000
Loan Term: Up to 5 years
Interest Rate: Rate: 0% - 6.9%

Contact

Name: Customer Assistance - IPL Commercial Efficiency
Address: 4902 North Biltmore Lane
Madison WI 53707-1007
Phone: (866) 255-4268
Email: energyefficiency@alliantenergy.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.