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The AgSTAR Program |  |
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| Alternative Energy Revolving Loan Program | |
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| Eligible States | IA |
| Type | Loan |
| Area of Interest | Renewable Energy |
| Description | An Alternative Energy Revolving Loan can provide up to 50 percent of a project's financed costs up to $1 million. Remaining funds must be obtained from a commercial lender chosen by the applicant. Borrowers repay these zero-interest loans over a maximum of 20 years. |
| Eligible Organizations | Livestock Producer, Commercial/Industrial Business, Residential, Small Business |
| How to Apply | Technical applications for projects with a total financed capital cost of $50,000 or less are reviewed on a continuous basis. Higher cost projects are reviewed on a quarterly basis according to the following deadlines: Oct. 31, Jan. 31, Apr. 30, and July 31. Utilities that are not required to be rate regulated are not eligible. |
| For More Information | http://www.energy.iastate.edu/AERLP/index.htm  |
| Primary Contact | Keith Kutz Iowa State University, Iowa Energy Center 2521 Elwood Drive, Suite 124 Ames, IA 50010-8229 (515) 294-8819 kkutz@energy.iastate.edu |
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