Buyer's Guide 2024

AlabamaWISE Home Energy Program

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Loan Program
Implementing Sector
Local
State
Alabama
Eligible Storage Technologies
Equipment Insulation, Water Heaters, Furnaces, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE
Maximum Loan
PowerSaver: $7,500
National Energy Loan: $25,000
Loan Term
PowerSaver Loan: up to 7 years
National Energy Loan: up to 10 years
Interest Rate
PowerSaver: 9.99% Fixed interest rate
National Energy Loan: Fixed 12.99%-13.99% depending on credit
Administrator
Nexus Energy Center
Applicable Sectors
Residential
Budget
Start Date
01/01/2010
Last Updated
05/27/2021
Funding Source
State Energy Program – Better Buildings Program; Alabama Department of Economic and Community Affairs

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