Pennyrile RECC - Commercial Energy Efficiency Loan Program (Kentucky)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Pennyrile RECC - Commercial Energy Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Unspecified technologies|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||up to $25,000|
|Terms|| Rate: fixed rate|
Repayment: up to 5 years
|Program Administrator||Pennyrile Rural Electric Cooperative Corporation|
|Date added to DSIRE||2006-09-26|
|Last DSIRE Review||2012-07-03|
Pennyrile Rural Electric Cooperative serves 46,000 members in parts of nine Kentucky counties: Christian, Trigg, Logan, Todd, Muhlenberg, Lyon, Caldwell, Butler, and Simpson.
Pennyrile RECC offers its non-residential customers the opportunity for financing for energy efficiency improvements. Customers may borrow up to $25,000 to increase the efficiency of facilities. The interest rate of the loan is fixed over the life of the loan, which can be up to five years. Throughout the duration of the loan, customers must continue to be served by their current power supplier and pay equal monthly installments added to regular power bills. Those interested in this loan must have been customers of Pennyrile RECC for at least a year and have good credit. Fund will be available to local entities only.
For more information about measures eligible and current interest rates, contact Pennyrile RECC.
|Contact Name||Customer Service - Pennyrile RECC|
|Department||Pennyrile Rural Electric Cooperative Corporation|
|Address||2000 Harrison Street|
|Address 2||P.O. Box 2900|
|Phone 2||(800) 297-4710|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.