| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Minnesota |
| Incentive Type: | Loan Program |
| Web Site: | https://www.dakotaelectric.com/member-services/programs-rebates/for-your-business/energy-efficiency-financing/ |
| Administrator: | Dakota Electric Service |
| Utilities: | Dakota Electric Association |
| Eligible Efficiency Technologies: | Custom/Others pending approval |
| Maximum Loan: | $350,000 |
| Loan Term: | Excludes lighting projects |
| Interest Rate: | Not specified. Contact at Energy Experts for more information |
| Technologies: | Custom/Others pending approval |
| Sectors: | Commercial, Industrial |
| Parameters: | The incentive has a maximum of $350000.00, The incentive has a minimum of $50000.00 |
Dakota Electric provides low-interest loans to help its commercial and industrial customers finance projects which will improve the energy efficiency of participating facilities. Loan amounts between $50,000 and $350,000 are eligible for consideration. Amounts are based the type of energy efficient equipment being installed and the estimated annual energy savings resulting from the project.
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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
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