Arkansas Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 01/14/2013
Program Overview:
| State: |
Arkansas |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Water Heaters, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Electric service upgrades; Portable home generators; Surge and lightning protection |
| Eligible Renewable/Other Technologies: |
Geothermal Heat Pumps |
| Applicable Sectors: |
Residential |
| Amount: | $500 - $15,000 |
| Maximum Incentive: | $15,000 |
| Terms: | Rate: 5.75% fixed
Repayment: up to 60 months |
| Web Site: |
http://www.firstelectric.coop/products-and-services/home-improvem...
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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. The Home Improvement Loan Program allows members to borrow between $500 and $15,000 for energy efficiency home improvements associated with heat pumps, First Electric products and portable home generators. For loans under $2500, there is a filing fee of $20; for loans over $2,500, the fee is $60. Only single-family primary residences served by FECC are eligible. Loans between $500 and $2,500 are secured with an equipment lien, and loans over $2500 are secured with a property mortgage and equipment lien. Loan program applications, specific program details, and a list of approved dealers are available on the program website.
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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