Descripción

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:

• Insulating windows and doors
• Attic and wall insulation
• Central electric heat pump units and central ductwork
• Electric water heaters, heat exchangers, and hot water banks
• Load shedding equipment, energy-saving lighting fixtures, and commercial building energy-management systems
• Other low-cost energy conservation improvements may qualify and be included in the financing package

Loans require a 10% down payment plus sales tax, and certain qualifications must be met.  For more information, visit the program website or contact the cooperative directly.