Laclede Gas Company: Loan Programs for Energy Efficiency
Loans for insulation upgrades for up to $2,000 at a 3% rate; gas furnaces, gas appliances and air conditioners for up to $10,000 with a 5% down payment.
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The Laclede Gas Company offers two loan programs for customers to improve energy efficiency.
The Insulation Financing Program loans funds to qualifying residential customers who meet standard credit requirements for insulation improvements to homes, up to $2,000 at a 3% interest rate. Any leftover funds may be used for the purchase of storm windows and doors. To apply, contact Laclede Gas.
The EnergyWise Dealer Program loans funds to qualifying residential and commercial customers for the purchase of energy-efficient gas furnaces, gas appliances and air conditioners, up to $10,000. The program has an overall limit of four heating systems per customer. A down payment of 5% of required of participants. Eligible customers should contact Laclede Gas.
In addition, in conjunction with the St. Louis Office of the Association of Community Organization for Reform Now (ACORN), the EnergyWise Dealer Program has been expanded to include low-income residential rental property managers. A qualifying property manager can qualify for a no-interest loan, with no loan inspection costs and a reimbursement on the down payment. Contact ACORN at (314) 531-7023 for more information and applications.