Arkansas
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 08/27/2009
| Incentive Type: |
Utility Loan Program |
| State: |
Arkansas |
| Eligible Efficiency Technologies: |
Water Heaters,
Heat pumps,
Duct/Air sealing,
Building Insulation,
Windows,
Doors,
Electric service upgrades; Portable home generators; Surge and lightning protection
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| Applicable Sectors: |
Residential
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| Terms: | Loan Amount: $500 - $15,000
Payable from 12 to 60 months
Fixed interest rate (contact First Electric for current rate)
Payments included on monthly electric bill
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Web Site: |
http://www.firstelectric.coop/content.cfm?id=2023
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Summary:
First Electric Cooperative, a Touchstone Energy® Cooperative, serves over 85,000 member accounts throughout parts of seventeen counties in central and southeast Arkansas. Its Home Improvement Loan Program allows members to borrow as much as $15,000 for energy efficiency home improvements associated with heat pumps, First Electric products and portable home generators. A $35 filing fee is required for loans over $2,500. Only single-family primary or secondary residences served by FECC are eligible. Loans between $500 and $2500 are secured with an equipment lien, and loans over $2500 are secured with a property mortgage and equipment lien.
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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