Stearns Electric Association - Energy Efficiency Loan Program
Stearns Cooperative Elec Assn residential energy efficiency rebate program
program summary
Stearns Electric Association, through a program offered by Rural Utilities Services, offers its members low-interest Energy Resource Conservation (ERC) loans. The complete cost of making approved energy conservation improvements may be eligible for financing with an ERC loan at 5% interest. Up to $5,000 for qualifying improvements to homes, businesses, or agricultural buildings at least one year old. The maximum repayment schedule is set at 60 months. Financed improvements to a residence must meet the criteria as outlined by the ERC loan program guidelines. Related costs for materials, equipment, and labor (if done by a contractor) are all eligible for financing. This includes the expenses for electrical wiring, the heating equipment, and/or duct work. A list of eligible measures can be found on the program application form located on the program website.
eligible technologies
Equipment Insulation, Water Heaters, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors
website
program administrator
Stearns Electric Association
program notes
- March 18, 2015
- No changes to program.
- April 20, 2017
- Completed annual review. Loan amounts and terms remain accurate.
- June 3, 2019
- Annual review, updated information.
- June 27, 2022
- Annual Review, confirmed entry accuracy, updated contact information.
- March 11, 2024
- Annual review, no major changes.
What cities does Stearns Cooperative Elec Assn cover?
- The following cities are in the Stearns Cooperative Elec Assn service area. However, this program may not be
available in every city. Check the program website for details.
- Albany, Annandale, Avon, Belgrade, Bowlus, Brooten, Browerville, Burtrum, Clear Lake, Clearwater, Cold Spring, Cushing, Elrosa, Flensburg, Freeport, Glenwood, Grey Eagle, Holdingford, Kimball, Little Falls, Long Prairie, Melrose, Motley, New Munich, Osakis, Paynesville, Randall, Rice, Richmond, Rockville, Roscoe, Royalton, Saint Cloud, Saint Joseph, Saint Martin, Saint Stephen, Sartell, Sauk Centre, South Haven, Swanville, Upsala, Villard, Waite Park, Watkins