A Case Study...

Nebraska's 5% Loans

The U.S. Department of Energy's State Energy Program published a case study in conjunction with the Energy Office about Nebraska's experience with its revolving loan program for energy efficiency projects. The case study can be found at NREL Nebraska Case Study

Questions and Answers...

5% Dollar and Energy Saving Loans

As of March 31, 2004 ... ...21,658 loans for $168.1 million

The Nebraska Energy Quarterly features questions asked about 5% Dollar and Energy Saving Loans. Loan forms may be obtained from participating lenders, the Nebraska Energy Office, or the agency's web site by clicking on the “Loan Forms” button above.


We are going total electric in our home. Are there any rebates or loans available for us to do this?


The Nebraska Energy Office's Dollar and Energy Saving Loans are only available if you are installing a heat pump system in your home, which may have an electric furnace as the back up unit.

If you are planning on installing only an electric resistance heating system in your home, or any building for that matter, it would not be eligible for a Dollar and Energy Saving Loan.

Electric resistance heating systems only qualify for a Dollar and Energy Saving Loan in an emergency situation which would be where an electric resistance heating system had failed in the winter months and needed to be replaced right away. You might want to check with your local electric utility to see if they have rebates or other type of incentives available for choosing all electric power for your home.


Does the Energy Office publish a list of lenders who participate in making Dollar and Energy Saving Loans?


A list of participating lenders is not published because the Energy Office, and the organizations representing institutions eligible to be participating lenders, wanted to have borrowers check to see if their lender provides loans before looking elsewhere.

This allows lenders first chance at servicing their customers even though they may not have made any loans or promoted these loans in the past. The Energy Office also does not want a published list which could be used indiscriminately by vendors selling energy efficiency products.


If a borrower finds out their lender does not make Dollar and Energy Saving Loans, then how can a lender be found who will make these loans?


If a borrower finds out their lender does not make Dollar and Energy Saving Loans, they may contact the Energy Office to find other potential lenders in their locale where they might go to apply for a loan. It helps the Energy Office when the agency is informed if a lender is not making these loans. The Energy Office can then contact that lender to see if they want to join the program.