Powder River Energy Corporation - Conservation Loan Program (Wyoming)
Last modified on December 5, 2011.
Financial Incentive Program
|Name||Powder River Energy Corporation - Conservation Loan Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Residential, Small Commercial|
|Eligible Technologies||Building Insulation, Clothes Washers, Dishwasher, Heat pumps, Lighting, Refrigerators, Windows, Geothermal Heat Pumps, Electric Thermal Storage|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Amount||up to 2,500|
|Maximum Incentive||2,500 per member per calendar year|
|Terms|| Rate: 0%|
Repayment: up to 36 months
|Program Administrator||Powder River Energy Corporation|
Powder River Energy Corporation (PRECorp) offers the Conservation Loan Program to encourage and help finance residential and small commercial projects related to improving energy efficiency and conservation in northeastern Wyoming. The loans are reserved for PRECorp members in the Residential, Residential Time-of-Day and General Service rate classes only. The loan is a zero percent interest loan with a maximum payback time of 36 months. There is an application fee of 4% of the total requested loan amount.
The loans can be used for a variety of conservation measures including, but not limited to:
Purchasing Energy Star appliances Replacing older appliances with Energy Star appliances Replacing older windows with more energy efficient windows; Purchasing an energy efficient HVAC system (e.g., electric heat pump, geothermal heating, offpeak
heating – electric thermal storage);
Installation of renewable electric systems (e.g., solar, wind or hydro generation); Increasing insulation Upgrading lighting to CFLs
All applicants must attend an energy conservation seminar or training session provided by PRECorp before loan funds will be distributed.
|Contact Name||Member Services|
|Department||Powder River Energy Corporation|
|Address||221 Main Street|
|Address 2||PO Box 930|
|Phone 2||(307) 283-3527|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.