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Fort Collins Utilities - Residential On-Bill Financing Program

Last Review: 2013-01-14
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Clothes Washers/Dryers, Water Heaters, Furnaces, Heat pumps, Central Air conditioners, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Windows, Comprehensive Measures/Whole Building, Tankless Water Heaters, Solar Water Heat, Photovoltaics
Applicable Sectors: Residential
Terms: Rate: 5.25%-7.25%
Repayment Terms: 60 months (1,000 - 2,500); 84 months (2,501 -7,500); 120 months (7,501 - 15,000)
Incentive Amount: 1,000 - 15,000
Website: http://www.fcgov.com/utilities/residential/conserve/energy-efficiency/financing

Summary:

Fort Collins offers its residential customers low-interest loans that may be used to finance a variety of projects including adding insulation, replacing a furnace, upgrading water and space heating systems, and improving building envelope measures.  Customers may repay the loan amount through regularly scheduled monthly utility bills. There is a $25 fee for loan processing fee. The maximum loan amount is $15,000, and the repayment schedule ranges from 60 to 120 months. Loans are only available for future improvements to existing homes.

Most of the energy-saving projects are required to meet a minimum pay back period. Pay back time of the project is determined by a home energy rating performed by the company. Contact Fort Collins Utilities for more information on this program. 


Contact:
Fort Collins Utilities

700 Wood St

Fort Collins, CO 80521
Phone:(970) 221-6700 Ext.
Phone 2:()
Email: powertosave@fcgov.com
Web site: http://fcgov.com/electric/

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