Ohio

Incentives/Policies for Renewables & Efficiency

Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program

Last DSIRE Review: 05/31/2012

Program Overview:

State:	Ohio
Incentive Type:	Utility Loan Program
Eligible Efficiency Technologies:	Water Heaters, Heat pumps, Central Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors
Eligible Renewable/Other Technologies:	Geothermal Heat Pumps
Applicable Sectors:	Residential
Amount:	up to $25,000
Maximum Incentive:	$25,000
Terms:	Rate: 3% Repayment: $500 - $2,499 - up to 18 months $2,500 - $4,999 - up to 48 months $5,000 - $9,999 - up to 60 months $10,000 - $25,000 - up to 120 months
Web Site:	http://www.butlerrural.coop/content/loan-program

Summary:

Butler Rural Electric Cooperative, Inc. provides low interest loans (3%) for members to make energy efficiency improvements in eligible homes. There is a $15 application fee for all loans plus additional closing costs (typically under $100). No work that is to be paid for by loan funds should be done before the loan is approved. The loan is paid back monthly via the member's utility bill. See the program web site listed above for additional details and requirements.

Contact:

Jill Hamilton
Butler Rural Electric Cooperative, Inc.
3888 Stillwell Beckett Rd.
Oxford, OH 45056
Phone: (513) 867-4400
Phone 2: (800) 255-2732
Fax: (513) 867-4422
E-Mail: jillh@butlerrural.coop
Web Site: http://www.butlerrural.coop

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