Iowa > State Incentives
Alternative Fuel Loan Program
The Alternate Energy Revolving Loan Program (AERLP) for alternative energy projects is administered by the Iowa Energy Center. Through a participation agreement with the project lender, the program provides up to half the cost of biomass or alternative fuel production projects, up to a maximum of $1 million per facility. The AERLP funds are provided at 0% interest with the lender's funds bearing market interest. Fuel production facilities must be located in Iowa. Funding is currently limited. (Reference Iowa Code 476.46)
Point of Contact
William Haman
Alternate Energy Revolving Loan Program Manager
Iowa Energy Center
Phone: (515) 294-8819
Fax: (515) 294-9912
iec@energy.iastate.edu
http://www.energy.iastate.edu/AERLP/index.htm