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Cullman Electric Cooperative - Energy Conservation Loan Program

Last Review: 2013-01-14
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Building Insulation, Windows
Applicable Sectors: Residential
Terms: Heat Pump Rate: as low as 6%
Heat Pump Repayment: not specified

Energy Conservation Rate: 8%
Energy Conservation Repayment: up to 36 months
Website: http://www.cullmanec.com/default.aspx?id=135


Cullman Electric Cooperative, a Touchstone Electric Cooperative, has two loan programs. One is the Energy Conservation Loan Program, which provides members a loan for insulation or storm windows. Maximum loan is $2,000, payable up to 36 months at a rate of 8%. A list of approved contractors is provided on the web site.

Cullman also helps finance electric heat pumps through the Heat Pump Loan Program. The current interest rate is as low as 6% and monthly payments are billed through the electric bill. Contact Cullman for loan amounts. A $50 application/filing fee and a copy of property description are required. See the program web site listed above for other information regarding this program.

Member Services
Cullman Electric Cooperative
PO Box 1168

Cullman, AL 35056
Phone:(800) 242-1806 Ext.
Phone 2:(256) 737-3200
Email: info@cullmanec.com
Web site: http://www.cullmanec.com


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