Guadalupe Valley Electric Cooperative - Conservation Plan 7 Loan Program (Texas)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Texas


Name Guadalupe Valley Electric Cooperative - Conservation Plan 7 Loan Program
Incentive Type Utility Loan Program
Applicable Sector Commercial, Residential
Eligible Technologies Building Insulation, Doors, Duct/Air sealing, Energy Mgmt. Systems/Building Controls, Heat pumps, Lighting, Water Heaters, Windows
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount up to $7,000








Maximum Incentive $7,000





Terms Rate: 7%
Repayment: 7 years
Program Administrator Guadalupe Valley Electric Cooperative
Website http://www.gvec.org/ycoopConservationPlan7.aspx


References DSIRE[1]


Summary

Guadalupe Valley Electric Cooperative offers an incentive for members to increase the energy efficiency of existing homes and facilities through the Conservation Plan 7 Loan Program. The loan program provides funds up to $7,000 for GVEC members to make energy-saving improvements at a 7% interest rate over a 7 year loan term. Monthly payments will be made through GVEC electric bills. Energy-efficient items that may be financed include:

  • Insulating windows and doors
  • Attic and wall insulation
  • Central electric heat pump units and central ductwork
  • Electric water heaters, heat exchangers, and hot water banks
  • Load shedding equipment, energy-saving lighting fixtures, and commercial building energy-management systems
  • Other low-cost energy conservation improvements may qualify and be included in the financing package

Loans require a 10% down payment plus sales tax, and certain qualifications must be met. For more information, visit the program website of contact the cooperative directly.

<metadesc> Guadalupe Valley Electric Cooperative - Conservation Plan 7 Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Member Services
Department Guadalupe Valley Electric Cooperative
Address PO Box 118
Place Gonzales, Texas
Zip/Postal Code 78629
Phone (800) 223-4832
Phone 2 (830) 857-1200
Email info@gvec.org
Website http://www.gvec.org/


















  • 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)"