IADG Energy Bank Revolving Loan Program
Administered by Iowa Economic Development Authority and Iowa Area Development Group
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.
This program finances commercial and industrial energy projects including renewable installations, efficiency retrofits, and energy management systems. Work with your business customers to identify cost-effective improvements; the low-interest revolving loan structure makes projects more financially viable and can increase project volume.
The Iowa Economic Development Authority partners with the Iowa Area Development Group to provide revolving low-interest loans for commercial and industrial sectors covering a broad technology portfolio (renewables, HVAC, controls, building envelope, manufacturing equipment). The program targets job creation and profitability alongside energy savings; funding mechanics and specific loan terms are not detailed in available sources.
Program details
- Program ID
- 5410
- Last updated
- 7/29/2025
Eligibility
- Sectors
- commercial industrial
- 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
- bnuzum@iadg.com
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.
