| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Iowa |
| Incentive Type: | Loan Program |
| Web Site: | http://www.alliantenergy.com/SaveEnergyAndMoney/AdditionalWaysSave/FinancingOptions/029903 |
| Administrator: | Alliant Energy-Interstate Power and Light |
| Eligible Renewable/Other Technologies: | Geothermal Heat Pumps |
| Eligible Efficiency Technologies: | Clothes Washers, Refrigerators/Freezers, Ceiling Fan, Water Heaters, Lighting, Furnaces, Boilers, Heat pumps, Air conditioners, Programmable Thermostats, Windows, Other EE, Vending Machine Controls, Tankless Water Heater |
Interstate Power and Light (Alliant Energy), in conjunction with Wells Fargo Bank, offers a low-interest loan for residential, commercial and agricultural customers who purchase and install energy efficient measures. If a loan term of 12 months or less is chosen, the customer is eligible for a loan with no interest; longer terms are eligible for the 6.9% interest rate. All measures must meet minimum efficiency standards and be confirmed before installation in order to be eligible for this program.
If a customer qualifies for this loan's bank requirements, they will not have to pay any loan processing fees, points, down payments or security liens. Other incentives provided by Interstate Power and Light may not be used for the measures in addition to this loan. Further information on the eligible technologies and how to apply for the loan are available at the program web site.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
