OG&E - Geothermal Heat Pump Program

July 30, 2012

Summary

OG&E, through a partnership with Communication Federal Credit Union, offers financing on energy efficient air-source and geothermal heat pumps. All customers located in the OG&E service territory, residential and commercial, are eligible for this financing. Loans will be set at competitive interest rates with monthly payments as low as $50 per month. Loan approvals are quick, and there is no money down required.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Oklahoma
Incentive Type: Loan Program
Web Site: http://www.oge.com/business-customers/save-energy-and-money/EnergyEfficiencySolutions/Pages/Geothermal.aspx
Administrator: OGE Energy Corp
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Heat pumps
Maximum Loan: Not specified
Loan Term: Rate: Competitive rates; payments as low as $50/month

Contact

Name: Randy Chambers
Organization: OG&E
Address: 321 N. Harvey
Oklahoma City OK 73101-0321
Phone: (405) 553-5157
Email: chamberl@oge.com

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.