First Electric Cooperative - Home Improvement Loans (Arkansas)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Arkansas


Name First Electric Cooperative - Home Improvement Loans
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Doors, Duct/Air sealing, Heat pumps, Water Heaters, Windows, Geothermal Heat Pumps, Electric service upgrades; Portable home generators; Surge and lightning protection
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount $500 - $15,000








Maximum Incentive $15,000





Terms Rate: 5.75% fixed
Repayment: up to 60 months
Program Administrator First Electric Cooperative
Website http://www.firstelectric.coop/content.cfm?id=2043


References DSIRE[1]


Summary

First Electric Cooperative, a Touchstone Energy® Cooperative, serves over 85,000 member accounts throughout parts of seventeen counties in central and southeast Arkansas. The Home Improvement Loan Program allows members to borrow between $500 and $15,000 for energy efficiency home improvements associated with heat pumps, First Electric products and portable home generators. For loans under $2500, there is a filing fee of $20; for loans over $2,500, the fee is $60. Only single-family primary residences served by FECC are eligible. Loans between $500 and $2,500 are secured with an equipment lien, and loans over $2500 are secured with a property mortgage and equipment lien. Loan program applications, specific program details, and a list of approved dealers are available on the program website.

<metadesc> First Electric Cooperative - Home Improvement Loans: energy incentive program. </metadesc>

Incentive Contact

Contact Name Marketing Representative
Department First Electric Cooperative
Address 1000 South J.P. Wright Loop Road
Place Jacksonville, Arkansas
Zip/Postal Code 72076
Phone (800) 489-7405


Email jacksonvilleoffice@firstelectric.coop
Website http://www.firstelectric.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)"