Minnesota Valley Electric Cooperative -Residential Energy Resource Conservation Loan Program
Minnesota Valley Electric Coop residential energy efficiency rebate program
program 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 website listed above. This program is available for replacement items only. Loans are not available for new homes.
eligible technologies
Geothermal Heat Pumps, Equipment Insulation, Water Heaters, Furnaces, Boilers, Heat pumps
website
program administrator
Minnesota Valley Electric Cooperative
program notes
- May 19, 2016
- Updated loan and contact information.
- May 28, 2019
- Annual review, minor changes.
- June 18, 2022
- Annual Review, updated loan terms and interest rate from 4% to 3.5%
- March 28, 2024
- Annual review, no significant changes.
- October 31, 2025
- Annual review, loan details have been updated.
What cities does Minnesota Valley Electric Coop cover?
- The following cities are in the Minnesota Valley Electric Coop service area. However, this program may not be
available in every city. Check the program website for details.
- Belle Plaine, Burnsville, Carver, Chaska, Cleveland, Cologne, Eagle Lake, Elko New Market, Elysian, Faribault, Hamburg, Henderson, Janesville, Jordan, Kasota, Kilkenny, Lakeville, Le Center, Le Sueur, Lonsdale, Madison Lake, Mankato, Montgomery, Morristown, New Prague, Northfield, Norwood Young America, Pemberton, Prior Lake, Saint Clair, Saint Peter, Savage, Shakopee, Waterville, Webster