Energy Infrastructure Revolving Loan Program
Administered by: Iowa Economic Development Authority
Quick Summary
The Energy Infrastructure Revolving Loan Program provides low-interest financing for energy infrastructure projects in Iowa, including electric vehicle charging equipment and grid modernization. To apply, register on IowaGrants.gov and submit your project during one of the quarterly application windows; projects must align with one of seven purposes such as alternative fuel vehicle infrastructure or emergency preparedness.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 22420
- Effective Date
- 7/1/2021
- Last Updated
- 7/29/2025
Eligibility
Incentive Amount
$10 million per quarter
Program Summary
The Energy Infrastructure Revolving Loan Program (EIRLP) was established in 2021 by legislation (S.F. 619) as a replacement for the previous Alternate Energy Revolving Loan Program The program offers low-interest financing for innovative energy infrastructure projects.
The program handbook provides examples of eligible technology and project types; the examples are intended to be illustrative, not exhaustive. Projects must serve one or more of seven listed project purposes in order to qualify. These purposes are: 1) electric or gas generation, transmission, storage, or distribution; 2) electric grid modernization; 3) energy sector workforce development; 4) emergency preparedness for rural and underserved areas; 5) expansion of biomass, biogas, and renewable natural gas; 6) innovative technologies; and 7) development of infrastructure for alternative fuel vehicles.
The program is accepting applications on a quarterly basis, with no more than $10 million to be distributed each quarter. Quarterly application deadlines for 2025 were/are January 9, April 3, July 24, and October 30.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.