Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program (Ohio)
Summary
Last modified on February 12, 2015.
Financial Incentive Program
Place | Ohio
|
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Name | Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program |
Incentive Type | Utility Loan Program |
Applicable Sector | Residential |
Eligible Technologies | Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Doors, Duct/Air sealing, Heat pumps, Water Heaters, Windows, Geothermal Heat Pumps |
Active Incentive | Yes |
Implementing Sector | Utility |
Energy Category | Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs |
Amount | up to $25,000
|
Maximum Incentive | $25,000
|
Terms | Rate: 3.5% Repayment: $500 - $2,499 - up to 18 months $2,500 - $4,999 - up to 48 months |
Program Administrator | Butler Rural Electric Cooperative, Inc. |
Website | http://www.butlerrural.coop/loans.aspx
|
References | DSIRE[1] |
Summary
Butler Rural Electric Cooperative, Inc. provides low interest loans (3.5%) for members to make energy efficiency improvements in eligible homes. There is a $15 application fee for all loans plus additional closing costs (typically around$150). No work that is to be paid for by loan funds should be done before the loan is approved. The loan is paid back monthly via the member's utility bill. See the program web site listed above for additional details and requirements.
Incentive Contact
Contact Name | Jill Hamilton |
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Department | Butler Rural Electric Cooperative, Inc. |
Address | 3888 Stillwell Beckett Rd. |
Place | Oxford, Ohio |
Zip/Postal Code | 45056 |
Phone | (513) 867-4400 |
Phone 2 | (800) 255-2732 |
jillh@butlerrural.coop | |
Website | http://www.butlerrural.coop |
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]
References