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Red River Valley REA - Heat Pump Loan Program

Last Review: 2012-04-17
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Geothermal Heat Pumps
Applicable Sectors: Commercial
Terms: Rate: Geothermal (5%); Air-Source Heat Pumps (7%)
Repayment: up to 5 years
Incentive Amount: not specified
Website: http://www.rrvrea.com/services

Summary:

The Red River Valley Rural Electric Association (RRVREA) offers a loan program to its members for air-source and geothermal heat pumps. Loans are available for geothermal heat pumps at a 5% fixed rate and for air-source heat pumps at a 7% fixed rate. Both loans have a five year term. Payments will appear on the electric bill. The loans are only available for equipment purchased from RRVREA or its subsidiary. Contact the RRVREA for more information on this program.

 

 


Contact:
Greg Winchester
Red River Valley Rural Electric Cooperative
P.O. Box 220

Marietta , OK 73488
Phone:(800) 749-3364 Ext.
Phone 2:(580) 276-3364
Email: gregw@rrvrea.com
Web site: http://www.rrvrea.com/

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