Bryan Texas Utilities - Appliance Loan Program (Texas)

From Open Energy Information

Summary

Last modified on May 24, 2011.

Financial Incentive Program

Place Texas


Name Bryan Texas Utilities - Appliance Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential, Multi-Family Residential
Eligible Technologies Dishwasher, Refrigerators, Water Heaters, Central Air conditioners, Duct/Air sealing, Building Insulation, Windows, Ovens, Ranges, Cooktops, Microwaves, Trash Compactors
Active Incentive No
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount 7% fixed interest rate for term of up to 5 years depending on loan amount

Minimum 500
Maximum 10,000 (1500 for insulation)














Program Administrator Bryan Texas Utilities
Website http://www.btutilities.com/New_Ventures/ESP.aspx


References DSIRE[1]


Summary

Bryan Texas Utilities offers loans to their residential customers to finance any major electric appliance with an energy star rating that a participating vendor sells through their Appliance Loan Program. Appliances must be purchased from participating local vendors. The interest rate for these loans is 7% and loans can be paid off in one to five years according to the following schedule:

  • $300-$500 up to 1 year
  • $501-$1000 up to 2 years
  • $1001-$3000 up to 3 years
  • $3001-$5000 up to 4 years
  • $5001 + up to 5 years
Interested customers should contact BTU in order to find participating vendors.  Loan payments will be included in the customer's monthly BTU statement beginning with the following billing cycle.  More information, including the loan pre-qualification form can be found on the website listed above.

Incentive Contact

Contact Name Mike Connor
Department Bryan Texas Utilities
Address 205 E. 28th Street
Place Bryan, Texas
Zip/Postal Code 77803
Phone (979) 821-5830
Phone 2 (979) 821-5715
Email mconnor@btutilities.com
Website http://www.btutilities.com



  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"