Solar & Battery Regulation & Incentive Programs

Direct Energy Assistance Loan (DEAL)

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
State
State:
Nevada
Eligible Storage Technologies:
Equipment Insulation, Water Heaters, Lighting, Furnaces, Heat pumps, Air conditioners, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows, LED Lighting
Website:
http://energy.nv.gov/Programs/Direct_Energy_Assistance_Loan/
Maximum Loan:
$6,000
$8,000 with Veteran status
Loan Term:
Maximum 60 months
Interest Rate:
0%
Administrator:
Governor's Office of Energy
Applicable Sectors:
Residential
Last Updated:
10/24/2016
Funding Source
Renewable Energy Account (NRS 701A.450)

Summary

The Governor's Office of Energy provides the Direct Energy Assistance Loan (DEAL) program to help state employees make energy efficiency improvements to their homes. Full-time employees who own their homes are eligible for an interest-free loan repaid through a monthly payroll deduction. 

Employees may receive up to a $6,000 loan to make improvements recommended by a state-approved energy auditor. Loan terms are a maximum of 60 months, and monthly payments are set at $50 for loans up to $3,000 and $100 for loans of $3,001 - $6,000. Veterans may be eligible for loans up to $8,000 with an extended payback period. 

See the program fact sheet for more detailed employee eligibility requirements and approved measures. The application is available on the program website.


Authorities

NameEnacted DateEffective DateExpired Date
NRS 701A.450