|Incentive Type:||State Loan Program|
|Eligible Efficiency Technologies:||Clothes Washers/Dryers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Equipment Insulation, Water Heaters, Lighting, Lighting Controls/Sensors, Furnaces, Boilers, Heat pumps, Central Air conditioners, Heat recovery, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Roofs, Custom/Others pending approval, Tankless Water Heaters, Solar Water Heat, Solar Space Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Municipal Solid Waste|
Effective interest rate varies between 2.5% and 5% depending on the technology and the origin of the funds.
Payback term ranges between 5 and 15 years.
The Nebraska Dollar and Energy Savings Loan program was created in 1990 using oil overcharge funds. Through the American Recovery and Reinvestment Act, the federal government awarded close to $31 million to Nebraska's State Energy Program in 2009. The Nebraska Energy Office routed $11 million of the total to the Dollar and Energy Savings Loan Program in 2010 to finance additional 2.5% loans for commercial and industrial sector building improvements, including K-12 schools. The $11 million in ARRA funds were used to finance projects and repayments will flow back into the loan program and be used to finance new projects in the future, in accordance with ARRA requirements.