Guadalupe Valley Electric Cooperative: Conservation Plan 7 Loan Program
Loans for insulation, windows, doors, heat pumps, ductwork, water heaters, lighting, furnaces and air conditioners for up to $7,000 at a 7% rate over 7 years.
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Guadalupe Valley Electric Cooperative offers an incentive for members to increase the energy efficiency of existing homes and facilities through the Conservation Plan 7 Loan Program. The loan program provides funds up to $7,000 for GVEC members to make energy-saving improvements at a 7% interest rate over a 7 year loan term. Monthly payments will be made through GVEC electric bills. Energy-efficient items that may be financed include:
- Insulating windows and doors
- Attic and wall insulation
- Central electric heat pump units and central ductwork
- Electric water heaters, heat exchangers, and hot water banks
- Load shedding equipment, energy-saving lighting fixtures, and commercial building energy-management systems
- Other low-cost energy conservation improvements may qualify and be included in the financing package