Butler Rural Electric Cooperative - Energy Efficiency Improvement Loan Program
Administered by: Butler Rural Electric Cooperative, Inc.
Quick Summary
Butler Rural Electric Cooperative offers low-interest loans covering up to $25,000 (100% of project cost) for energy efficiency improvements, heat pumps, and geothermal systems at 4.25% interest, with loan terms up to 120 months depending on amount borrowed. To apply, you must be a member and property owner; submit a completed application with a $15 fee, recent income verification, and a bid or estimate; for heat pump or geothermal work, an energy audit ($150, reimbursable if you proceed) is required before approval. Loan payments are conveniently billed monthly with your electric bill, with no prepayment penalty.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 3331
- Last Updated
- 8/15/2024
Eligibility
Program Summary
Butler Rural Electric Cooperative, Inc. provides low-interest loans to qualifying members for energy efficiency improvements, air-source heat pumps, and geothermal systems at 100 percent of the cost of the project up to $25,000. The current interest rate is 4.5%. An energy Audit is required for all geothermal and heat pump installations (replacements excluded) prior to approval. See program website for further details.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.