IADG Energy Bank Revolving Loan Program

IA Loan Program commercial industrial

Administered by: Iowa Economic Development Authority and Iowa Area Development Group

Quick Summary

This program is not available to homeowners—it serves only commercial and industrial businesses. If you operate a business, you may qualify for low-interest financing to invest in renewable energy (solar, wind, geothermal) or energy efficiency upgrades (HVAC, insulation, LED lighting, controls) that will reduce operating costs and improve your facility.

AI-generated summary • Updated 7/12/2026

Program Details

Program ID: 5410
Last Updated: 7/29/2025

Eligibility

Eligible Sectors

commercial industrial

Eligible Technologies

solar - passive solar water heat solar space heat solar thermal electric solar photovoltaics wind (all) biomass hydroelectric geothermal heat pumps combined heat & power wind (small) hydroelectric (small) lighting lighting controls/sensors chillers furnaces boilers heat pumps air conditioners building insulation windows doors processing and manufacturing equipment other ee led lighting

Program Summary

The Iowa Economic Development Authority in partnership with the Iowa Area Development Group (IADG) is offering Iowa businesses and industries a low-interest financing option for energy efficiency improvements, renewable energy projects, energy management, and implementation plans. The establishment of the IADG Energy Bank Revolving Loan Fund is intended to provide an ongoing source of low interest financing for the implementation of cost-effective projects that will save energy and money, improve facilities and processes, and enhance job creation and profitability.

Contact & Resources

Contact Email

[email protected]

Additional Resources

http://www.iadg.com/services/financial-assistance/iadg-energy-bank.aspx

Please verify current program details with the administering agency before making any financial decisions.