3% OPPD Dollar & Energy Saving Loans
Omaha Public Power District's Residential or Small-Medium Businesses Eligible for 3% Interest Loans for Qualifying Energy Saving Projects
In partnership with the Nebraska Department of Environment and Energy (NDEE), OPPD is offering Dollar and Energy Saving Loans on pre-qualified projects. Due to a blended source of funding, this program offers OPPD residential and small-to-medium (SMB) business customers access to low-interest loans at 3% or less* for pre-qualified energy saving measures.
* Final annual percentage rates (APR) may vary by lender and loan fees charged.
Eligible OPPD Customers
To qualify for 3% OPPD-Participated Loans, you must meet the following criteria:
Be an OPPD residential or small-to-medium business (SMB) customer.
- SMB customers must be on rate 230 or 231.*
*Limited SMB loans are available, please contact your designated OPPD Account Executive prior to applying. Or e-mail OPPD at: businesscustomerservice@oppd.com
- Premise of the project must be completed in OPPD's Nebraska service territory.
- Have a property that is permitted for energy-efficient upgrades.
- Financial lenders may have additional parameters such as proof of income, credit score, etc.
Eligible Projects
Eligible OPPD customers may apply for a 3% Dollar and Energy Saving Loan through participating Nebraska lenders for a variety of pre-qualified energy saving projects.
| Form 1 (22-011_1) | Replacement Appliance Application. For consumer and business products such as Refrigerator, Freezer, Dishwasher and Clothes Washer Appliance Replacement. Maximum loan term 1 to 5 years. |
|---|---|
| Form 2 (22-012_2) | Door, Window, Wall and Ceiling Projects Application. Insulation Added, Seal leaking Doors and Windows, Wall and Ceiling Insulation, Caulking and Sealing Building Envelope (if your project includes roofing, siding, new windows or doors you must attach supplemental forms 2 Roofing (22-013_2-1), 2 Siding (...) , or 2 Window/Door (22-015_2-3)). Maximum loan term 1 to 15 years. |
| Form 3 (22-016_3) | (HVAC) Heating, Cooling and Water Heating Projects Application. Furnace, Air Conditioning and Water Heater Projects. Maximum loan term 1 to 15 years. |
| Form 4 (22-017) | Lighting Projects Application. Maximum loan term 1 to 15 years if a building improvement; 1 to 10 years if a system improvement. If needed, use the Form 4, Lighting Projects (Excel) Spreadsheet to list lighting improvements on pages 2 and 3. |
| Form 20 (22-030_20) | Wind, Solar and Fuel Cell Application. Fuel Cells, Wind, Solar Hot Water and Photovoltaic Systems. Maximum loan term 1 to 10 years. |
Contact us
Email us
Write us
Nebraska Department of Environment & Energy
Planning & Aid Division
P.O. Box 98922
Lincoln, NE 68509
Contact us
Phone: (402) 471-2186
Toll Free: (877) 253-2603
Fax: (402) 471-2909
FAQs
How do I check the status of my application?
- Contact your lender. Approval of your loan application is subject to NDEE's commitment of funds. After NDEE reviews your project and reserves funds for your loan, your lender will notify you to proceed with your project.
Will my credit be checked?
- Credit checks are at your lender’s discretion.
I'm a business customer. How do I know what rate I'm on?
- Please confirm your rate with your OPPD Account Executive. Or e-mail OPPD at: businesscustomerservice@oppd.com
Where do I start?
- The process can be found under the “Getting a Loan for Pre-qualified Projects” section of NDEE's Dollar and Energy Saving Loan Program.
What if I move? Do I still have to pay?
- Refer to your lender repayment agreement(s).
Can I also apply for OPPD rebates?
- Yes, of course! Here are OPPD's current rebate programs. Please review eligibility criteria prior to application
Is there a limit to how much I can borrow?
- Yes, the Dollar and Energy Saving Loan Program limits are outlined in the Financing Overview chart above.
What can I use the money for?
- Eligible measures for the Dollar and Energy Saving Loan Program are outlined in the Eligible Projects section above.
*Please note that all project-specific requirements for the DESL program can be found on the individual project application forms.
Which lenders participate in this program?
- Find eligible lenders here. Please note that not all eligible lenders may choose to participate.
Need help? Here’s who to contact.
- OPPD is not involved in program administration or determining eligibility.
- For questions regarding loan repayment, contact your lender.
- For any other program questions, please contact NDEE:
o Phone: (402) 471-2186
o Toll Free: (877) 253-2603
o Fax: (402) 471-2909
- Email: NDEE.DESL@NEBRASKA.GOV