Public Facility Loan

Energy Efficiency Revolving Loan Fund (AEERLP) for Public Facilities

The Alaska Energy Efficiency Revolving Loan Program provides financing for permanent energy-efficient improvements to buildings owned by regional educational attendance areas, the University of Alaska, the state or municipalities in the state. Borrowers obtain an Investment Grade Audit as the basis for making cost-effective energy improvements, selecting from the list of energy efficiency measures identified. All of the improvements must be completed within 365 days of loan closing.

Guaranteed savings from energy efficiency improvements are used to repay the loan.

Forms and Information


For more information on the loan fund, please contact:

Richard McKinstry
Lending Officer II, Mortgage Operations
907-338-9716 (fax)

Michael Spencer
Energy Program Manager