Solar & Battery Regulation & Incentive Programs

City of Milwaukee - Energy Efficiency (Me2) Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Local
State:
Wisconsin
Eligible Storage Technologies:
Water Heaters, Furnaces, Boilers, Air conditioners, Building Insulation, Windows
Website:
https://city.milwaukee.gov/Me2
Maximum Loan:
$15,000
Loan Term:
Unsecured loan
Up to 15 years amortization
Interest Rate: currently 4.5-5.25%
Fees: No penalties for early payment
Administrator:
Wisconsin Energy Conservation Corporation
Applicable Sectors:
Residential, Multifamily Residential
Budget :
$2,000,000
Start Date:
01/26/2015
Last Updated:
08/05/2020
Funding Source
The American Reinvestment and Recovery Act (ARRA) of 2009; State Energy Program

Eligibility Criteria

EligibilitySectorsTechnologies
max $15.0000
Residential
Multifamily Residential
Yes; specific technologies not identified

Summary

Milwaukee Energy Efficiency is a loan program for residential energy efficiency improvements. Loans are available for owner-occupied single family residences or owner-occupied multi-family residences of up to three units. Property must be located within the City of Milwaukee. To sign up for the program, interested residents should use the sign up form on the program web site. Loans are administered by Summit Credit Union.

This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE helped more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs have saved $878 million in estimated lifetime energy cost savings.