Red River Valley REA - Heat Pump Loan Program (Oklahoma)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Oklahoma

Name Red River Valley REA - Heat Pump Loan Program
Incentive Type Utility Loan Program
Applicable Sector Commercial, Residential
Eligible Technologies Heat pumps, Geothermal Heat Pumps
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount not specified

Maximum Incentive not specified

Terms Rate: Geothermal (5%); Air-Source Heat Pumps (7%)
Repayment: up to 5 years
Program Administrator Red River Valley Rural Electric Cooperative

References DSIRE[1]


The Red River Valley Rural Electric Association (RRVREA) offers a loan program to its members for air-source and geothermal heat pumps. Loans are available for geothermal heat pumps at a 5% fixed rate and for air-source heat pumps at a 7% fixed rate. Both loans have a five year term. Payments will appear on the electric bill. The loans are only available for equipment purchased from RRVREA or its subsidiary. Contact the RRVREA for more information on this program.

Incentive Contact

Contact Name Greg Winchester
Department Red River Valley Rural Electric Cooperative
Address P.O. Box 220
Place Marietta, Oklahoma
Zip/Postal Code 73488
Phone (800) 749-3364
Phone 2 (580) 276-3364

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"