The application period for the Energy Loan Program is now open. This program offers low-interest loans to public K-12 schools, public colleges and universities and local governments for energy-saving investments and energy-efficiency projects to reduce energy use and cost. Loan applications will not be considered for less than $10,000 or with a payback score of less than six months.
The department’s Division of Energy will evaluate the loan applications on a first-come, first-served basis. Applications will be reviewed based on the date the department receives all information needed to determine the feasibility of the project. Loan applications will be approved or disapproved within 90 days of receiving a complete application.
Deadline to submit an application is March 31, 2025. Applications received after this date will not be considered for a loan award for this application cycle, but may be held for consideration during subsequent cycles. For more information, or to download the application, visit the department's Energy Loan Program webpage.