OG&E - Geothermal Heat Pump Program (Oklahoma)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||OG&E - Geothermal Heat Pump Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Industrial, Residential, Schools, State Government|
|Eligible Technologies||Heat pumps, Geothermal Heat Pumps|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Amount|| Residential and Commercial Geothermal Heat Pumps: $375/ton rebate + low interest financing
|Funding Source|| Communication Federal Credit Union
|Maximum Incentive|| not specified
|Terms||Rate: Competitive rates; payments as low as $50/month|
|Program Administrator||OGE Energy Corp|
OG&E, through a partnership with Communication Federal Credit Union, offers financing on energy efficient air-source and geothermal heat pumps. All customers located in the OG&E service territory, residential and commercial, are eligible for this financing. Loans will be set at competitive interest rates with monthly payments as low as $50 per month. Loan approvals are quick, and there is no money down required.
|Contact Name||Randy Chambers|
|Department||OGE Energy Corp|
|Division||OG&E Electric Services|
|Address||321 N. Harvey|
|Place||Oklahoma City, Oklahoma|
|Phone 2||(405) 553-3672|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.