Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program (Ohio)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Ohio

Name Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Doors, Duct/Air sealing, Heat pumps, Water Heaters, Windows, Geothermal Heat Pumps
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount up to $25,000















Maximum Incentive $25,000









Terms Rate: 3.5%
Repayment:
$500 - $2,499 - up to 18 months

$2,500 - $4,999 - up to 48 months
$5,000 - $9,999 - up to 60 months
$10,000 - $25,000 - up to 120 months

Program Administrator Butler Rural Electric Cooperative, Inc.
Website http://www.butlerrural.coop/loans.aspx
Date added to DSIRE 2009-04-06
Last DSIRE Review 2013-09-25



References DSIRE[1]


Summary

Butler Rural Electric Cooperative, Inc. provides low interest loans (3.5%) for members to make energy efficiency improvements in eligible homes. There is a $15 application fee for all loans plus additional closing costs (typically around$150). No work that is to be paid for by loan funds should be done before the loan is approved. The loan is paid back monthly via the member's utility bill. See the program web site listed above for additional details and requirements.


Incentive Contact

Contact Name Jill Hamilton
Department Butler Rural Electric Cooperative, Inc.

Address 3888 Stillwell Beckett Rd.

Place Oxford, Ohio
Zip/Postal Code 45056
Phone (513) 867-4400
Phone 2 (800) 255-2732

Email jillh@butlerrural.coop
Website http://www.butlerrural.coop
     
     


















  • 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)"