Petit Jean Electric Cooperative - Energy Efficiency Loan Program

August 23, 2011

Summary

Petit Jean Electric Cooperative is a member-owned rural electric cooperative that serves customers in the Clinton and Marshall areas. To encourage energy efficiency in homes and businesses, Petit Jean Electric offers the Energy Resources Conservation (ERC) Loan Program. This low-interest loan is available to single-family homes, multi-family homes, and businesses for upgrades to heat pumps, air conditioners, water heaters, building insulation, windows, doors and other appliances and building envelope improvements.

To apply for the ERC loan, customers should contact the nearest Petit Jean Electric office. The application form can be found on the program web site. Customers can borrow up to the amounts set forth above; for loan requests greater than $10,000, Petit Jean Electric may grant the loan after a more detailed review of the application. No work that will be paid with the loan funds should be completed before the loan has been granted by Petit Jean Electric.

Customers can use any dealer that is licensed within Arkansas. For more information on this loan, customers should contact Petit Jean Electric at one of the numbers listed above.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Arkansas
Incentive Type:	Loan Program
Web Site:	http://www.pjecc.com/erc_loans.ihtml
Administrator:	Petit Jean Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies:	Water Heaters Heat pumps Air conditioners Duct/Air sealing Building Insulation Windows Doors
Maximum Loan:	Single Family: $3,000 2-4 Unit Structure: $4,000 Multi-Family Unit: $1,000
Loan Term:	Rate: 5% Repayment: up to 5 years

Contact

Name:	Program Manager - Clinton
Address:	P.O. Box 37 Clinton AR 72031-0037
Phone:	(501) 745-2493

Name:	Program Manager - Marshall
Address:	P.O. Box 96 Marshall AR 72650-0096
Phone:	(870) 448-3477

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.