Oregon's energy loan program offered fixed-rate, long-term loans for qualified projects that invest in energy conservation, renewable energy, alternative fuels, or create products from recycled materials.
Oregon’s Small-Scale Local Energy Loan Program made more than 860 loans since ODOE began lending in 1980.
SELP loans – totaling more than $600 million – have gone to tribes, businesses, local governments, state agencies, nonprofits, schools, and farms. Projects financed by SELP loans have, together, saved enough electricity, natural gas, and oil to heat more than 150,000 Oregon homes each year.
SELP is not currently accepting new loan applications.