Alaska Alternative Energy Conservation Loan
Alaska provides loans up to $50,000 for alternative energy systems and energy conservation improvements in commercial buildings.
About this program
The Alaska Alternative Energy loan program finances purchase, construction, and installation of alternative energy systems or energy conservation improvements in commercial buildings. Borrowers must have been Alaska residents for the 12 months before applying, and projects must result in alternative energy production or energy conservation. Requests above $30,000 require a lender denial letter or confirmation that outside financing depends on receiving the state loan.
Eligibility
Alaska resident owners or operators of eligible commercial buildings may apply for financing for alternative energy or energy conservation improvements.
Requirements
- Loan must be for alternative energy systems or energy conservation improvements in a commercial building.
- Applicant must have been an Alaska resident for the 12 months before application.
- Project must result in alternative energy production or energy conservation.