Last updated: August 13, 2019
|Incentive Type:||Loan Program|
|Administrator:||Northern Plains Electric Cooperative|
|Utilities:||Northern Plains Electric Coop|
|Eligible Renewable/Other Technologies:||Geothermal Heat Pumps|
|Eligible Efficiency Technologies:||Water Heaters, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors|
|Maximum Loan:||50% of project cost|
|Loan Term:||Contact program administrators|
|Technologies:||Geothermal Heat Pumps, Water Heaters, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors|
|Sectors:||Commercial, Industrial, Local Government, Residential, Agricultural|
|Parameters:||The incentive has a maximum of 50.00 % of cost|
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.
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).
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