|Incentive Type:||Utility Loan Program|
|Eligible Efficiency Technologies:||Water Heaters, Lighting, Heat pumps, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Windows, Doors|
Repayment: 7 years
|Incentive Amount:||up to 7,000|
Guadalupe Valley Electric Cooperative offers an incentive for members to increase the energy efficiency of existing homes and facilities through the Conservation Plan 7 Loan Program. The loan program provides funds up to $7,000 for GVEC members to make energy-saving improvements at a 7% interest rate over a 7 year loan term. Monthly payments will be made through GVEC electric bills. Energy-efficient items that may be financed include:
Loans require a 10% down payment plus sales tax, and certain qualifications must be met. For more information, visit the program website of contact the cooperative directly.