Northern Plains EC - Commercial Energy Efficiency Loan Program

January 13, 2023

Summary

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.

Loans can be made to for-profit businesses, not-for-profit organizations, and local governments. Projects include, but are not limited to:

Small and medium-sized business and cooperatives engaged in manufacturing, retail, service and tourism industries

Community projects relating to water/wastewater, healthcare, education, telecommunications, public safety, recreation, and the arts
Producer-owned businesses and cooperatives that add value to agriculture
Efficient use of energy is encouraged for all projects and is also an eligible activity
Applicants do not need to be a member/consumer of Northern Plains Electric to apply

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	North Dakota
Incentive Type:	Loan Program
Web Site:	https://www.nplains.com/economic-development
Administrator:	Northern Plains Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Heat Pumps Water Heaters Heat pumps Air conditioners Caulking/Weather-stripping Duct/Air sealing Building Insulation Windows Doors
Maximum Loan:	The maximum loan amount is the amount available in the NPEC Revolving Loan Fund.
Loan Term:	Contact program administrators
Interest Rate:	The loan is at one percent (2%) interest. The term is up to 10 years. Monthly payments of principal and interest are required.

Contact

Name:	Northern Plains Electric Cooperative
Address:	PO Box 180 Carrington ND 58421-0180
Phone:	(800) 882-2500
Email:	justask@nplains.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.