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Guadalupe Valley Electric Cooperative - Conservation Plan 7 Loan Program

Last Review: 2012-05-16
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Water Heaters, Lighting, Heat pumps, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Windows, Doors
Applicable Sectors: Commercial
Terms: Rate: 7%
Repayment: 7 years
Incentive Amount: up to 7,000
Website: http://www.gvec.org/ycoopConservationPlan7.aspx

Summary:

Guadalupe Valley Electric Cooperative offers an incentive for members to increase the energy efficiency of existing homes and facilities through the Conservation Plan 7 Loan Program. The loan program provides funds up to $7,000 for GVEC members to make energy-saving improvements at a 7% interest rate over a 7 year loan term. Monthly payments will be made through GVEC electric bills. Energy-efficient items that may be financed include:

  • Insulating windows and doors
  • Attic and wall insulation
  • Central electric heat pump units and central ductwork
  • Electric water heaters, heat exchangers, and hot water banks
  • Load shedding equipment, energy-saving lighting fixtures, and commercial building energy-management systems
  • Other low-cost energy conservation improvements may qualify and be included in the financing package

Loans require a 10% down payment plus sales tax, and certain qualifications must be met.  For more information, visit the program website of contact the cooperative directly.


Contact:
Member Services
Guadalupe Valley Electric Cooperative
PO Box 118

Gonzales, TX 78629
Phone:(800) 223-4832 Ext.
Phone 2:(830) 857-1200
Email: info@gvec.org
Web site: http://www.gvec.org/

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