Up to $25,000 for Eligible Efficient and Renewable Technologies
Otter Tail Power Company’s Dollar Smart Financing Program offers $150 – $25,000 loans to its business customers. Customers may use the 7.9% interest rate loan to finance purchases of new electric technologies such as: refrigerators/freezers, water heaters, lighting, chillers, furnaces, boilers, heat pumps, air conditioners, heat recovery, duct/air sealing, motors, and motor-ASDs/VSDs. The eligible renewable technology is geothermal heat pumps. Loans may not exceed 80 percent of the project’s total cost, and the maximum business loan is $25,000. Contact: Otter Tail Power Company, PO Box 496, 215 S Cascade Street, Fergus Falls, MN 56538-0496; 218-739-8200; 800-257-4044;
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