Member Jean Dann noticed that her electric bills were growing increasingly higher than they should be, finally topping $400. Thinking it might be the HVAC system, she called the heating and air company with which she is under contract.
“...even with the loan payment added to it, with the energy I’m saving, my bill is less than before!”
“They had been trying to extend the life of the system, but finally told me it was time for a new one. This was in December, and who wants to be told they need to spend that kind of money, especially at that time of year! I was considering different ways to pay for it, and was reminded by my heating and air guy that Brunswick Electric has a Weatherization Loan program.”
The Weatherization Loan program, brought to you by BEMC, provides 5% loans for energy efficiency projects, up to $8,000 for residential projects and up to $10,000 for commercial projects. Terms can be as long as 60 months, and payments are included with your monthly electric bill.
“So after doing a little research on their website, I called to see if I could actually get a loan for the HVAC purchase and installation. I could! And the loan process was super easy, amazingly so. Cindy was my contact and she was very on the ball, letting me know what needed to be done to move things along quickly. She made it a truly stress-free process. And here’s another great part of the program – even with the loan payment added to it, with the energy I’m saving, my bill is less than before!”
Eligible projects include, but are not limited to, new heat pumps with a minimum 15 SEER rating, new electric or solar water heaters, ENERGY STAR© replacement windows and doors, insulation of all types, and duct repair or replacement.
How to Apply
If you own your home served by the cooperative, receive a monthly electric bill and have two years of service with a good payment history, the loan process is simple:
- Choose a contractor (must be licensed for heat pump installation)
- Obtain cost estimates
- Complete an application at any BEMC office or online
You will be notified of the status of your application within 24 hours. Call (800) 842-5871 with any questions. We’re happy to help!