Low-interest loans available from municipal utilities
Low-interest loans for renewable-energy systems are available to
residential and small business customers of all Wisconsin Public
Power, Inc. (WPPI) member utilities. This incentive is available for
solar water-heating systems, solar space-heating systems for
buildings that use electricity as the primary heat source,
photovoltaic (PV) systems up to 20 kilowatts (kW) in capacity,
wind-energy systems up to 20 kW in capacity, and repairs to existing systems.
Customers can borrow from $2,500 to $20,000, at an interest rate of
1.99%. Loan terms vary from three to 10 years. Financing is through
Fannie Mae’s Residential Home Energy Improvement Program and
underwritten by Energy Finance Solutions (EFS), a service of
Wisconsin Energy Conservation Corporation. Eligibility is based on
the customer’s credit score, bankruptcy history and debt-to-income ratio.
Electric customers of the following WPPI member utilities are
eligible for loans:
* Algoma Utilities
* Black River Falls Municipal Utilities
* Boscobel Utilities
* Brodhead Water & Light
* Cedarburg Light & Water Utility
* Columbus Water & Light
* Cuba City Light & Water
* Eagle River Light & Water Utility
* Florence Utilities
* Hartford Electric
* Hustisford Utilities
* Independence Light & Power
* Jefferson Utilities
* Juneau Utilities
* Kaukauna Utilities
* Lake Mills Light & Water
* Lodi Utilities
* Menasha Utilities
* Mount Horeb Utilities
* Muscoda Utilities
* New Glarus Light & Water
* New Holstein Utilities
* New London Utilities
* New Richmond Utilities
* Oconomowoc Utilities
* Oconto Falls Municipal Utilities
* Plymouth Utilities
* Prairie du Sac Utilities
* Reedsburg Utility Commission
* City Utilities of Richland Center
* River Falls Municipal Utilities
* Slinger Utilities
* Stoughton Utilities
* Sturgeon Bay Utilities
* Sun Prairie Water & Light
* Two Rivers Water & Light
* Waterloo Utilities
* Waunakee Utilities
* Waupun Utilities
* Westby Utilities
* Whitehall Electric Utility
Customers must reside in the service territory of the participating
electric provider, and the system must be installed on the customer’s
property. Customers participating in WPPI’s Renewable Energy Loan
Program are not eligible for WPPI’s Renewable Energy Rebate Program.
Customers eligible for incentives through Wisconsin Focus on Energy
are not eligible for incentives through this program.
Contact:
Mike Hodges
Wisconsin Public Power, Inc. (WPPI)
1425 Corporate Center Drive
Sun Prairie, WI 53590-9109
Phone: (608) 837-2653
Phone 2: (608) 834-4500
Fax: (608) 837-0274
E-Mail: mhodges@wppisys.org
Web site: http://www.wppisys.org
