Minnesota Valley Electric Cooperative -Residential Energy Resource Conservation Loan Program

Last updated: June 13, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Minnesota
Incentive Type:Loan Program
Web Site:http://www.mvec.net/residential/financing/
Administrator:Minnesota Valley Electric Cooperative
Utilities:Minnesota Valley Electric Coop
Eligible Renewable/Other Technologies:Geothermal Heat Pumps
Eligible Efficiency Technologies:Equipment Insulation, Water Heaters, Heat pumps, Caulking/Weather-stripping, Building Insulation, Windows, Doors
Maximum Loan:$5,000
Loan Term:Repayment: up to 5 years Minimum monthly payments are $25.00
Interest Rate:4%

Incentives

Technologies:Geothermal Heat Pumps, Equipment Insulation, Water Heaters, Furnaces, Boilers, Heat pumps
Sectors:Residential
Parameters:The incentive has a maximum of $5.00

Summary

Minnesota Valley Electric Cooperative offers low-interest loans to help residential customers finance energy efficiency improvements through the Energy Conservation Loan Program. More information and loan applications can be accessed from the web site listed above.

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