General Information and Structure
Lender:
Delaware Sustainable Energy Utility
Lending Type:
Non-profit lender
Jurisdiction:
DE
The Low Interest Loan Program helps Delaware businesses and non-profits reduce their energy bills by improving the efficiency of their operations and increasing the use of renewable energy. Debt service can be underwritten up to 90% of savings.
Active or Closed Program?:
Active
Eligibility Criteria:
All credit qualified
businesses, non profits, farms and government agencies including school districts located in Delaware.
Type of Financing:
Mini-Permanent/Permanent
Loan Size Range:
ƒƒ$10,000 -$1,000,000 per project for private and non-profit organizations
Type of Improvements Covered:
Energy efficiency measures, alternative
fuel vehicles, customer-sited renewable generation, and carbon emissions reduction measures.
Energy efficiency measures must be
justified by an energy audit. Renewable
energy projects require a feasibility study
