With First Electric Cooperative's Home Improvement Loan Program, you don't have to put off upgrading the energy efficiency of your home any longer. The Home Improvement Loan program will allow you to finance the following energy saving items at a competitive, fixed interest rate:
Heat pumps - and related improvements associated with heat pump installation
Duct systems
Duct Sealing
Thermal improvements - insulation, caulking and ventilation
Windows and doors
Electric service upgrades
First Electric Products - purchases under $500 may be applied to your electric bill and paid in 3 monthly installments
Marathon electric water heaters
Surge and lightning protection equipment
Portable home generators
First Electric's Home Improvement Loans have many attractive features
Borrow as little as $500 or as much as $15,000
Terms from 12 to 60 months
Fixed interest rate for the life of the loan
No pre-payment penalty
Payments included on monthly electric bill
Other Loan terms and features
Borrower must own and occupy the property and demonstrate adequate credit history
Eligible property includes only single-family dwellings that are primary or secondary residences and are served electric power by FECC
Loans between $500 and $2500 secured with an equipment lien
Loans over $2500 secured with a property mortgage and equipment lien
$35.00 filling fee for loans over $2500
For more information or to apply for First Electric Cooperative's Home Improvement Loan Program, contact any local First Electric Cooperative office and ask for a Marketing Representative or click here to contact us by e-mail. We have provided an online application that you can print, fill-out, and mail in. You must have Adobe Acrobat to view and print the application. If you don't have Adobe Acrobat simply click here.
