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Industrial Energy Technology Loan Program (IETL)

Organization Arkansas Economic Development Commission
Organization Type Government
URL www.arkansasenergy.org/industry/incentives-and-programs/-industrial-energy-technology-loan-.aspx
Geographic Scope Arkansas
Issue Climate Change/GHG Emissions, Cogeneration/Combined Heat and Power, Energy Efficiency, Energy Storage, Fossil Fuels, Green Building, Green Jobs, Green Technologies/Innovations, Material Conservation/Waste Minimization, Pollution Prevention, Power Generation (non-Renewable), Power Generation (Renewable), Public Awareness, Recycling, Transportation
Sector Building Materials, Construction, Distribution and Logistics, Energy and Energy Services, Food Processing, Information and Communications Technologies (ICT), Machinery, Mining and Minerals, Non-Ferrous Metals, Small Business, Steel, Textiles and Clothing, Transportation
Type Of Assistance Financial Assistance, General Information, Tax Incentives, Technical Assistance
Description The Arkansas IETL Program finances energy efficiency retrofits and green energy implementation for industries in Arkansas. The IETL Program encourages Arkansas' industries to make investments in clean technologies and improvements in the energy efficiency of industrial processes and systems. This enables companies that operate with a higher degree of energy efficiency to devote more resources to retaining and creating jobs. Low interest rate loans are provided to assist those companies in financing their energy cost reduction efforts.

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