As of June 30, 2007:
23,689 loans for $190.4 million
Questions and Answers...
5% Dollar and Energy Saving Loans
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.
|Q:We are preparing to build a home. Our planned home will utilize a variety of energy-saving technologies such as integrated concrete forms, geothermal and solar. Can a Dollar and Energy Saving Loan be used to finance construction of our soon-to-be-built home?|
|A:Dollar and Energy Saving Loans are for improvements on existing homes that are at least 5 years old.|
|Q:We're considering buying a Maxfire Stove that is fueled with corn made by Bixby Energy. The stoves cost approximately $3,400, and I'm estimating a 60-70 percent reduction in gas heating cost once installed. Would this qualify for a Dollar and Energy Saving Loan?|
|A:Considering the current price of shell corn, I doubt that a project like this would qualify for a Dollar and Energy Saving Loan.|
|Q:Does upgrading tractors or combines to higher efficiency models qualify for Dollar and Energy Loans? If so, what are the necessary forms that need to be filled out? What supporting documentation is needed?|
|A:Tractors and combines might qualify for a Dollar and Energy Saving Loan. To date, the Energy Office has financed one tractor and feed wagon.|
|Q:Are radiant heat barriers eligible for an energy loan?|
|A:The Federal Trade Commission's R-value rule on radiant heat barriers states that manufacturers must use the R-values published in the ASHRAE Handbook of Fundamentals. Those R-values are only applicable when the radiant barrier is used in conjunction with a sealed air space. If the space a radiant barrier is placed in is not sealed, the air in that space will develop convective currents that negate the radiant effect. When ASHRAE defines a sealed air space, they are referring to a space comparable to the space between two panes of glass in a window, sealed air tight, and not home construction, which would not achieve this type of sealing. Radiant barriers are not eligible for the loan program for a number of reasons:|
|Contact Us Disclaimer Energy Office Home Security, Privacy & Accessibility Policy State of Nebraska Home Webmaster|