Pennyrile RECC - Commercial Energy Efficiency Loan Program
Administered by: Pennyrile Rural Electric Cooperative Corporation
Program Details
- Program ID
- 2302
- Last Updated
- 4/17/2015
Eligibility
Program Summary
Pennyrile Rural Electric Cooperative serves 46,000 members in parts of nine Kentucky counties: Christian, Trigg, Logan, Todd, Muhlenberg, Lyon, Caldwell, Butler, and Simpson. Pennyrile RECC offers its non-residential customers the opportunity for financing for energy efficiency improvements. Customers may borrow up to $25,000 to increase the efficiency of facilities. The interest rate of the loan is fixed over the life of the loan, which can be up to five years. Throughout the duration of the loan, customers must continue to be served by their current power supplier and pay equal monthly installments added to regular power bills. Those interested in this loan must have been customers of Pennyrile RECC for at least a year and have good credit. Fund will be available to local entities only. For more information about measures eligible and current interest rates, contact Pennyrile RECC.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.