Energy Efficiency Revolving Loan Fund Capitalization Grant Program

Funding for: ,

What does this funding get me?

State and community energy programs will receive a portion of the $250 million allocated through this program established by the Infrastructure Investment and Jobs Act (IIJA). From there, states shall provide loans and grants for energy efficiency audits, upgrades, and retrofits.

Am I eligible?

Residential grant recipients must be low-income individuals as defined in section 3 of the Workforce Innovation and Opportunity Act. The definition can be found here.

A maximum of 25% of each state’s total award is available for grants and technical assistance to the following:

  • A low-income individual who owns a residential building
  • A business that meets both criteria to receive loans and has fewer than 500 employees

Contractors working on homes and properties may be the direct recipient of the loan (instead of the property owner) provided the retrofit meets all program requirements.

How can I access the money?

Once funding is available further information will be released about how to apply for grants.

What is the timeline?

Awards to states, territories, and D.C. anticipated spring 2024.

What other incentives could I use to help me accomplish my goals?

Check the Database of State Incentives for Renewables & Efficiency (DSIRE) for additional incentives that may be offered by your state, local government, or utility, as well as important federal, state, and local policies. For questions regarding DSIRE, contact Justin Lindemann (NC Clean Energy Technology Center) at jplindem@ncsu.edu.

South Carolina: Check out the energy efficiency revolving loan program operated by the Business Development Corporation of South Carolina. And check out the state’s Energy Saver Tool.

Where can I get more information?

  • Frequently Asked Questions for this fund, updated March 2023
  • October 2023 update
  • State Energy Program Guidance
  • Technical Assistance Resources for States
  • You may be able to get technical assistance with this program from the EPA’s Region 4 Environmental Justice Thriving Communities Technical Assistance Center (EJ TCTAC), also called Resource for Assistance and Community Training in Region 4 on Environmental Justice (REACT4EJ), which provides technical assistance to residents, community organizations, and Federally recognized tribal nations in Region 4 states including North and South Carolina. REACT4EJ can assist in developing capabilities and identifying resources for understanding or resolving EJ circumstances. Visit REACT4EJ.org to learn more and connect with their team.
  • For specific questions on this program or for more assistance, contact Jessica Finkel at info@energyfundsforall.org.