Texas

Incentives/Policies for Energy Efficiency

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Austin Energy - Residential Energy Efficiency Loan Program

Last DSIRE Review: 04/16/2009

Incentive Type:	Utility Loan Program
State:	Texas
Eligible Efficiency Technologies:	Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation
Applicable Sectors:	Residential
Terms:	Low interest loans (between 0% and 6.5% APR) with up to 10 years to repay.
Web Site:	http://www.austinenergy.com/ Energy%20Efficiency/Programs/Loans/Residential/Home%20Performance%20with%20Energy%20Star/index.htm

Summary:
Austin Energy offers loans to its residential customers to finance energy efficient improvements in their homes. Austin Energy has two different loan options for customers to choose from, each with different maximum amounts, interest rates and eligible improvements. All work must be done by a program-approved contractor. For loan pre-approval with Austin Energy's financing partner, Velocity Credit Union, customers can call (512) 469-7060, or toll free (800) 933-2029 (Option #3), or apply online at www.velocitycu.com. Interested customers should see website for full details.

Contact:

Customer Care Center
Austin Energy
721 Barton Springs
Austin, TX 78704-1194
Phone: (512) 974-7827
Fax: (512) 482-5450
E-Mail: custinfo@austinenergy.com
Web Site: http://www.austinenergy.com/index.htm

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.