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First Electric Cooperative - Home Improvement Loans

Eligibility 
Residential
Savings Category 
Heat Pumps
Maximum Rebate 

$15,000

Program Info
State 
Arkansas
Program Type 
Utility Loan Program
Rebate Amount 

$500 - $15,000

Provider 
First Electric Cooperative

First Electric Cooperative, a Touchstone Energy® Cooperative, serves over 85,000 member accounts throughout parts of seventeen counties in central and southeast Arkansas. The Home Improvement Loan Program allows members to borrow between $500 and $15,000 for energy efficiency home improvements associated with heat pumps, First Electric products and portable home generators. For loans under $2500, there is a filing fee of $20; for loans over $2,500, the fee is $60. Only single-family primary residences served by FECC are eligible. Loans between $500 and $2,500 are secured with an equipment lien, and loans over $2500 are secured with a property mortgage and equipment lien. Loan program applications, specific program details, and a list of approved dealers are available on the program website.