MDA - Energy Efficiency Revolving Loan Program
Administered by: Mississippi Development Authority
Quick Summary
Mississippi's Energy Efficiency Revolving Loan Fund offers low-interest loans at 2% below the prime rate for up to 10 years to finance energy-saving improvements like HVAC upgrades, lighting retrofits, and insulation—with loans ranging from $15,000 to $500,000. Your project must demonstrate energy cost reductions, and you can apply by contacting the Mississippi Development Authority's Energy Division at 601.359.3449 to request an application.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 215
- Last Updated
- 7/3/2025
Eligibility
Program Summary
Mississippi offers low-interest loans for energy efficiency projects. Eligible projects include lighting retrofits and heating and cooling system upgrades. Eligible applicants include:CorporationsPublic school districtsHospitals (public, private, and non-profit)Institutions of higher learningSole proprietors and partnershipsNational or regional headquarters operationsAll projects must demonstrate that they will reduce a facility's energy costs. The interest rate is 2% below the prime rate, with a maximum loan term of 10 years. Loans range from $15,000 to $500,000. This program is supported by a revolving loan fund of $7 million, established through federal oil overcharge funds. Applications are provided to interested parties by request. Contact the Mississippi Development Authority for more information.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.