Description

Bryan Texas Utilities offers loans to their residential customers to finance any major electric appliance with an energy star rating that a participating vendor sells through their Appliance Loan Program. Appliances must be purchased from participating local vendors. The interest rate for these loans is 7% and loans can be paid off in one to five years according to the following schedule:

• $300-$500 up to 1 year
• $501-$1000 up to 2 years
• $1001-$3000 up to 3 years
• $3001-$5000 up to 4 years
• $5001 + up to 5 years

Interested customers should contact BTU in order to find participating vendors. Loan payments will be included in the customer’s monthly BTU statement beginning with the following billing cycle. More information, including the loan pre-qualification form can be found on the website listed above.