Grant Opportunities

EMNRD – Energy Efficiency Revolving Loan Fund


Deadline: Rolling
Award Amount: $250,000 to $1,000,000
Match: Yes
Eligible Entities: Businesses and Nonprofits
Description: Provides low-interest loans to eligible commercial entities for energy efficiency upgrades. The loan proceeds can be used for energy efficiency audits, upgrades, and retrofits that improve overall energy consumption. Loans are offered at a fixed interest rate of 2% and may range from $250,000 to $1,000,000, with terms not exceeding the useful life of the project or 15 years. Applicants must demonstrate that more than 50% of their revenue is earned in New Mexico or that more than 50% of their services are provided in the state.

EER LOAN FUND