Low-Interest Energy Loan Programs

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The Idaho Governor's Office of Energy and Mineral Resources (OEMR) State Energy Loan Program offers low-interest loans to fund energy efficiency projects for single-family homes in Idaho. Qualified projects include insulation, lighting upgrades, windows, weatherization, HVAC, appliances, and renewable energy. See qualifying addendums on the State Energy Loan Program website for project and equipment requirements.All loans are evaluated by a financial institution for credit worthiness and must be secured with real estate. Consumers may choose to leverage these loans by accessing utility incentives and federal and state tax credits and deductions. Loan amounts range from $1,000 to $30,000 on a first come, first served basis. Interest rates vary by term of loan, 3% for 36 months, 5% for 60 months, and 7% for 84 months. As of February 1, 2011, loan applicants will be charged a credit analysis fee of $100 incurred by the Idaho Governor's Office of Energy and Mineral Resources.