Dakota Electric Association - Residential Energy Efficiency Loan Program

June 27, 2022


Dakota Electric provides low-interest loans to help its residential customers finance projects which will improve the energy efficiency of participating homes. Two loans are offered. One is for 0% APR for a maximum loan of $7,500 and term of 6-60 months. The other is for 2.99% APR for a maximum loan of $25,000 and a term of 61-120 months. More information can be found on the program website.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Minnesota
Incentive Type: Loan Program
Web Site: https://www.dakotaelectric.com/member-services/programs-rebates/for-your-home/energy-efficiency-financing/
Administrator: Dakota Electric Association
Start Date:
Eligible Renewable/Other Technologies:
  • Custom/Others pending approval
Maximum Loan: $7,500
Loan Term: 6-60 months
61-120 months
Interest Rate: 0%


Name: Energy Experts®
Organization: Dakota Electric Service
Phone: (651) 463-6243
Email: rebates@dakotaelectric.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.