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Eligible: Businesses, Local Government, Nonprofits, Public Agencies, Tribes, Utilities

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Electric Infrastructure Loan & Loan Guarantee Program

From US Department of Agriculture (USDA)

The electric program makes insured loans and loan guarantees to nonprofit and cooperative associations, public bodies, and other utilities. The loans and loan guarantees finance the construction of electric distribution, transmission, and generation facilities, including system improvements and replacement required to furnish and improve electric service in rural areas, as well as demand side management, energy conservation programs, and on-grid and off-grid renewable energy systems.

  • Overview

    • Type

      Loan

    • Title

      Electric Infrastructure Loan & Loan Guarantee Program

    • Source

      US Department of Agriculture (USDA)

    • Federal or State

      Federal

    • Award Range

  • Eligibility

    • Audience

      Businesses, Local Government, Nonprofits, Public Agencies, Tribes, Utilities

    • Sector

      Energy Efficiency, Energy Infrastructure, Renewable Energy

    • Activity

      Energy Efficiency Improvements, Financial Assistance

    • Eligibility

      The law requires the consideration of several factors to determine whether an area qualifies as rural for the purposes of this program.

      Check with a General Field Representative (GFR) to determine whether the proposed service area qualifies as rural.

    • Location

      National

  • Application Process

    • Application Link

      Electric Infrastructure Loan & Loan Guarantee Program Application

    • Requirements

      Generally, repayment may not exceed the useful life of the facility being financed, with a maximum repayment schedule of 35 years.

      Program details may change over time. Before you begin an application, please confirm you have the most current information by contacting a GFR who serves your area for assistance or consult the program Instructions listed in the section above titled “What Governs this Program?”

    • Disbursement Method

      Unspecified

  • Important Dates

  • Resources & Contacts

    • Contact

      Applications for these programs are accepted year-round through a General Field Representative (GFR).
      Call the Electric Program at 202-720-1422
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