Solar & Battery Regulation & Incentive Programs

Northern Plains EC - Commercial Energy Efficiency Loan Program

Program Overview

Category:: Financial Incentive
Program Type:: Loan Program
Implementing Sector:: Utility
State:: North Dakota
Eligible Storage Technologies:: Geothermal Heat Pumps, Water Heaters, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors
Website:: http://nplains.coopwebbuilder2.com/content/revolving-loan-fund
Maximum Loan:: 50% of project cost
Loan Term:: Contact program administrators
Administrator:: Northern Plains Electric Cooperative
Applicable Sectors:: Commercial, Industrial, Local Government, Residential, Agricultural
Utility:: Northern Plains Electric Coop
Last Updated:: 12/04/2018

Eligibility Criteria

Eligibility	Sectors	Technologies
max % of cost50.0000	Commercial Industrial Local Government Residential Agricultural	Geothermal Heat Pumps Water Heaters Heat pumps Air conditioners Caulking/Weather-stripping Duct/Air sealing Building Insulation Windows Doors

Summary

Northern Plains Electric Cooperative is a member-owned electric cooperative that serves customers in east-central North Dakota. This EMC offers a low-interest loan program for commercial, industrial, agricultural, and local government customers that wish to undertake energy efficiency projects. Customers should contact Northern Plains, or visit the program website, for more information on how to apply for this loan. Loan parameter can be found here.

Areas of Loan Assistance:

Business & Industry: Loans support business growth and development and contribute to employment and business ownership opportunities. The loans benefit retail, service, tourism, manufacturing and technology sectors.
Value-Added Agriculture: To recognize agriculture’s impact on the region’s economic base, loans to support projects that add value to local agriculture production through innovation, improved services, further processing, or marketing are encouraged. Loans cannot be made for traditional production agriculture.
Community Development: Community services and quality of life are necessary for sustainable development. Loan recipients may include, but are not limited to, civic and nonprofit organizations, educational institutions, local governments, and special purpose districts (i.e., fire and ambulance).