The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration are offering private sector businesses eligible for low interest loans up to $1,000,000 from the CERLF for projects that fulfill any of the following objectives:
The loan will carry an interest rate of 2% from date of disbursement up to seven years or life expectancy of the equipment being finances, whichever is less. Match must be at least 51% of Total Project Cost. The envrionmental Impact of the project is considered.
Other cost-effective energy reduction or clean energy projects will also be considered for funding through the $7 million CERLF fund.
Visit the program website for details on how to apply.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Wisconsin |
| Incentive Type: | Loan Program |
| Web Site: | http://inwisconsin.com/grow-your-business/programs/cleanenergy/ |
| Administrator: | The Wisconsin Economic Development Corporation and The Wisconsin Department of Administration |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Maximum Loan: | $1,000,000 |
| Loan Term: |
Compliance with all applicable federal regulations and program guidance Recipients must be Wisconsin businesses Project must be in a facility or plant located in Wisconsin Applicant must provide greater than 50 percent of total project cost Loan funds can only be used for purchase of equipment that was not purchased prior to the date the loan was awarded Project completion will be expected within 18 months of the award date |
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.
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