Alternate Energy Revolving Loan Plan (AERLP)

Alternate Energy Revolving Loan Program (AERLP)

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AERLP Status

Additional Information

AERLP

AERLP Status

Program Details

Lender Resources

Technical Application Form & Instructions

Loan Guidelines

Case Studies

AERLP brochure

Program Overview as of March 1, 2009
The Alternate Energy Revolving Loan Program was established in 1996 with funding from a three-year assessment, totaling $5.9 million, on the gross intrastate operating revenues of Iowa's investor-owned gas and electric utilities. Since that time, the AERLP has provided loans of more than $11.4 million in support of 88 renewable energy projects having total construction costs of $145 million.

The Energy Center began accepting applications in August 1996. To date, the program has received 194 new and 29 resubmitted loan applications that have led to 88 projects receiving funding. These facilities have an annual energy production equivalent to 1,835,530 MWh.

Loans by technology type:

19 Biomass*
1 Hydro
9 Solar
15 Small Wind (20 kW or less)
41 Large Wind (more than 20 kW)
3 Hybrid**

Annual Energy Generation Impact of AERLP

1,663,348 MWh Biomass*
2,863 MWh Small Hydro
41 MWh Solar
369 MWh Small Wind (20 kW or less)
168,825 MWh Large Wind (more than 20 kW)
84 MWh Hybrid**

Totaling 1,835,530 MWh/year

* Includes the electrical equivalent of projects producing fuels such as ethanol, biodiesel and wood.
** Includes a combination of solar, hydro, small wind, or biomass.

The Iowa Energy Center is interested in feedback about the AERLP. If you would like to comment, send a note to the Energy Center at iec@energy.iastate.edu, subject line "Attention AERLP".