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First Electric Cooperative - Home Improvement Loans

Last Review: 2013-01-14
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Water Heaters, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Geothermal Heat Pumps
Applicable Sectors: Residential
Terms: Rate: 5.75% fixed
Repayment: up to 60 months
Incentive Amount: 500 - 15,000
Website: http://www.firstelectric.coop/products-and-services/home-improvement-loans

Summary:

First Electric Cooperative, a Touchstone Energy® Cooperative, serves over 85,000 member accounts throughout parts of seventeen counties in central and southeast Arkansas. The Home Improvement Loan Program allows members to borrow between $500 and $15,000 for energy efficiency home improvements associated with heat pumps, First Electric products and portable home generators. For loans under $2500, there is a filing fee of $20; for loans over $2,500, the fee is $60. Only single-family primary residences served by FECC are eligible. Loans between $500 and $2,500 are secured with an equipment lien, and loans over $2500 are secured with a property mortgage and equipment lien.  Loan program applications, specific program details, and a list of approved dealers are available on the program website.


Contact:
Marketing Representative
First Electric Cooperative
1000 South J.P. Wright Loop Road

Jacksonville, AR 72076
Phone:(800) 489-7405 Ext.
Phone 2:()
Email: jacksonvilleoffice@firstelectric.coop
Web site: http://www.firstelectric.coop

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