Kentucky Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 07/03/2012
Program Overview:
| State: |
Kentucky |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Unspecified Technologies |
| Applicable Sectors: |
Commercial |
| Amount: | up to $25,000 |
| Maximum Incentive: | $25,000 |
| Terms: | Rate: fixed rate
Repayment: up to 5 years |
| Web Site: |
http://www.precc.com/precc/comm_egcp.htm
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Summary:
Pennyrile Rural Electric Cooperative serves 46,000 members in parts of nine Kentucky counties: Christian, Trigg, Logan, Todd, Muhlenberg, Lyon, Caldwell, Butler, and Simpson.
Pennyrile RECC offers its non-residential customers the opportunity for financing for energy efficiency improvements. Customers may borrow up to $25,000 to increase the efficiency of facilities. The interest rate of the loan is fixed over the life of the loan, which can be up to five years. Throughout the duration of the loan, customers must continue to be served by their current power supplier and pay equal monthly installments added to regular power bills. Those interested in this loan must have been customers of Pennyrile RECC for at least a year and have good credit. Fund will be available to local entities only.
For more information about measures eligible and current interest rates, contact Pennyrile RECC.
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Contact:
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Customer Service - Pennyrile RECC
Pennyrile Rural Electric Cooperative Corporation
2000 Harrison Street
P.O. Box 2900
Hopkinsville, KY 42241-2900
Phone: (270) 886-2555
Phone 2: (800) 297-4710
Fax: (270) 885-6469
Web Site: http://www.precc.com
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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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