Financing Options for Energy Efficiency & Renewable Projects

  • Alternative Energy Revolving Loan Program

    • The Alternative Energy Revolving Loan Program (AERLP) was established by the 57th Montana Legislature in 2001 with amendments dating from 2005. Its purpose is to provide a financing option to Montana homeowners, small businesses, non-profits and government entities to install alternative energy systems. The program is funded by air quality penalties collected by the Department of Environmental Quality (DEQ). To learn more about the AERLP click here.
 
  • State Buildings Energy Conservation Program

    • The State Buildings Energy Conservation Program (SBECP) was initiated in 1989 to reduce energy costs in state government and finance energy improvement projects on state owned buildings. The program reduces utility bills and uses the savings to repay the cost of the project and eventually into other state buildings conservation projects. To learn more SBECP about the program click here.

 

  • Energy Performance Contracting

    • EPC provides an alternative procurement method for design and construction services that reduce facility operating costs through energy conservation improvements. EPC is an attractive financing model that uses cost savings from the project to finance the construction work, sometimes with no upfront cost. Also, all EPC projects must be done using a qualified Energy Service Provider (ESP) whose qualifications have been vetted by the State; this helps ensure the ESP maintains a high standard of technical expertise and has sufficient financial resources to guarantee cost savings for project financing. To learn more about EPC click here.

 

  • Property Assessed Clean Energy (PACE)

    • Please check back for PACE updates!