Energy Efficiency Fund
The Energy Efficiency Fund from the Indiana Office of Energy Development supports energy audits and building upgrades to improve efficiency and sustainability in Indiana’s commercial sector.
Funder: Indiana Office of Energy Development
Due Dates: Rolling
Funding Amounts: Indiana received $9.9 million; funding is distributed as ~65% loans and ~25% grants for commercial energy efficiency projects. Award size varies by project; loans and grants available.
Summary: Supports energy efficiency audits, upgrades, and retrofits for Indiana commercial buildings through grants and loans.
Key Information: Currently open only to commercial projects (businesses, non-profits, public buildings).
Description
The Indiana Energy Efficiency Fund (IEEF), administered by the Indiana Office of Energy Development, provides grants and loans to support energy audits, upgrades, and retrofits for commercial buildings across Indiana. The program aims to enhance energy efficiency, lower energy costs, improve physical comfort, and increase air quality in existing infrastructure. Funding is made possible through the Infrastructure Investment and Jobs Act (IIJA), with Indiana receiving $9.9 million for this initiative. The fund leverages public and private capital by partnering with lenders to offer lower interest rates and maximize available funding. At present, the program is accepting applications only for commercial projects, including businesses, non-profits, and public buildings.
