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Michigan Department of Environment, Great Lakes and Energy·Michigan

RFI for Energy Efficiency Revolving Loan

Closes 3/18/2026$200k – $5MRequest for Information
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Description

The State of Michigan is seeking information to better understand best practices around financial products and lending practices for energy efficiency projects. The Michigan Department of Environment, Great Lakes and Energy (EGLE) has received $13,327,440 to capitalize residential and commercial loans and grants to install cost-effective energy efficiency measures. The information gathered may be used to assist the State in developing program strategy and possibly a Request for Proposals (RFP) or program application. Key aspects of the project include: • Providing grants and loans to conduct commercial and residential energy audits and energy efficiency upgrades and retrofits of building infrastructure • Maximizing loan volume and leveraging private capital • Accelerating and maximizing energy savings • Creating good paying jobs • Partnering with state or federal programs to offer loan products or services • Complying with federal flow-down requirements

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Lisa VanOstran(Solicitation Manager)

[email protected]

(517) 599-7680

Key dates

Opened
3/5/2026
Questions due
2/20/2026
Closes
3/18/2026

Last updated

Details

Type
Request for Information
Industry
Financial Services
NAICS
522310
Solicitation №
RFI-761-260000000008-1

Budget estimate

$200,000 – $5,000,000

The budget amount for this opportunity is not explicitly stated. However, considering the $13,327,440 grant, the budget could range from a few hundred thousand dollars to several million dollars, depending on the scope and scale of the projects. Factors influencing the likely payment range include the number of projects, the size and complexity of the energy efficiency upgrades, and the terms of the loans and grants.

AI estimate from the solicitation

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