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.