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Clay Electric Cooperative, Inc - Energy Conservation Loans

Last Review: 2012-11-07
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Refrigerators, Water Heaters, Heat pumps, Central Air conditioners, Heat recovery, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Solar Water Heat, Solar Thermal Electric, Solar Pool Heating
Applicable Sectors: Residential
Terms: Rate: 5-8%
Repayment: Not Specified
Incentive Amount: 1,000 - 7,500
Website: http://www.clayelectric.com/nrgservice.aspx

Summary:

Clay Electric Cooperative (CEC), a Touchstone Energy Cooperative, covers 14 North Florida counties, including Gainesville, Keystone Heights, Lake City, Orange Park, Palatka, and Salt Springs. It offers loans to help customers finance energy efficiency improvements for participating homes. Customers can borrow up to $5,000 for improvements such as high efficiency heat pumps, insulation and certain high efficiency appliances. Customers installing high reflectance metal roofing measures may apply for loans up to $7,500. Basic qualifications for an energy conservation loan include a good credit history, good payment record with CEC and service with CEC for one year. For each HVAC application there must be a written proposal signed by a licensed contractor. An energy survey is also required. A $25 loan processing fee will be assessed on all applications submitted for loan consideration (approved and disapproved).

Review the brochure on the program web site for more information. For questions, you can contact CEC's Energy Services Division at (352) 473-8000, Ext. 8263.


Contact:
Sherman Phillips
Clay Electric Co-op
P.O. Box 308 S.R. 100 West
225 West Walker Drive
Keystone Heights, FL 32656
Phone:(352) 473-8000 Ext.8366
Phone 2:(352) 473-4917
Email: sphillips@clayelectric.com
Web site: http://www.clayelectric.com

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