--- description: Get access to funds for energy efficiency audits, upgrades, and retrofits to increase energy efficiency and improve the comfort of buildings. title: "*Energy Efficiency Revolving Loan Fund Capitalization Grant Program" --- [Skip to content](#content) # \*Energy Efficiency Revolving Loan Fund Capitalization Grant Program Funding for: [Businesses](https://energyfundsforall.org/category/businesses/), [Homeowners](https://energyfundsforall.org/category/homeowners/), [Landlords](https://energyfundsforall.org/category/landlords/), [Local Governments](https://energyfundsforall.org/category/local-governments/), [Nonprofits](https://energyfundsforall.org/category/nonprofits/), [Unlisted](https://energyfundsforall.org/category/unlisted/) Goal: [Decrease my pollution](https://energyfundsforall.org/tag/decrease-my-pollution/), [Improve home energy efficiency](https://energyfundsforall.org/tag/improve-home-energy-efficiency/), [Improve my indoor air quality](https://energyfundsforall.org/tag/improve-my-indoor-air-quality/), [Increase my property value](https://energyfundsforall.org/tag/increase-my-property-value/), [Reduce my energy bills](https://energyfundsforall.org/tag/reduce-my-energy-bills/) ## What is the current status of this program? This funding is no longer available. If you want more incentives like this, tell your [Federal](https://www.congress.gov/members/find-your-member), [North Carolina](https://www.ncleg.gov/FindYourLegislators), and [South Carolina](https://www.scstatehouse.gov/legislatorssearch.php) legislators. Keep reading to see how this program benefited the Carolinas. ## What does this funding get me? State energy offices received a pre-allocated portion of the $250 million available through this program established by the Infrastructure Investment and Jobs Act (IIJA). According to an [October 2023 DOE notice](https://www.energy.gov/sites/default/files/2023-10/state_energy_program_notice_23_03_0.pdf), North Carolina is entitled to $2,397,420 under this program and South Carolina $1,546,410. The states will then provide loans and grants for energy efficiency audits, upgrades, and retrofits in commercial, residential, and public buildings. ## Am I eligible? *Loans* States may offer residential loans to homeowners or to businesses that own or operate multifamily housing facilities. They may also offer loans to commercial, public, and nonprofit entities who own or operate one or more buildings, or space within a building, and conduct a majority of their business in the state. 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. *Grants/Technical Assistance* A maximum of 25% of each state’s total award is available for grants and technical assistance, but these are limited to low-income individuals who own a residential building (definition of low-income can be found in section 36 [here]()) and businesses that meet the criteria for receiving loans and have fewer than 500 employees. ## How can I access the money? North Carolina received $2,397,420 for Commercial and Public sectors. This funding will provide capitalization grants to [NC’s State Energy Office](https://www.deq.nc.gov/energy-climate/state-energy-office) to establish revolving loan funds that provide loans and grants to businesses and homeowners for energy efficiency audits, upgrades, and retrofits to increase energy efficiency. Once funding is available from the SC state energy office, further information will be released about how to apply for loans and grants. ## What is the timeline? This funding opportunity has closed. ## What other incentives could I use to help me accomplish my goals? - Check the [Database of State Incentives for Renewables & Efficiency](https://www.dsireusa.org/) (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](mailto:jplindem@ncsu.edu). - Check out our (non-exhaustive) [list of non-federal funding](https://energyfundsforall.org/non-federal-funds/) from other sources that may fit your energy and cost-saving goals. - *South Carolina:* Check out the [energy efficiency revolving loan program](https://energyfundsforall.org/ee-revolving-loans-sc/) operated by the Business Development Corporation of South Carolina. And check out the state’s [Energy Saver Tool](https://energysaver.sc.gov/). ## Where can I get more information? - [DOE web page on EE Revolving Loan Fund Capitalization Grant Program](https://web.archive.org/web/20250127221142/https://www.energy.gov/scep/energy-efficiency-revolving-loan-fund-capitalization-grant-program) (archived) - [DOE program launch Frequently Asked Questions (FAQ), including description of eligible projects](https://www.energy.gov/sites/default/files/2023-07/BIL-FAQ-Final.pdf) - [More detailed FAQ, updated July 2024](https://energyfundsforall.org/wp-content/uploads/2025/03/rlf-faqs_july2024.pdf) - In addition to the resources listed above, a variety of organizations offer technical assistance that may help you access these funds. They are listed on our  [Get Help page](https://energyfundsforall.org/get-help/). - For specific questions on this program or for more assistance, contact Sally Robertson at [info@energyfundsforall.org](mailto:info@energyfundsforall.org). [![Energy Funds For All Logo](https://energyfundsforall.org/wp-content/uploads/2023/11/energy-funds-for-all-logo-2800px.png)](https://energyfundsforall.org)
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