Tax Credits, Rebates & Savings
Stearns Electric Association, through a program offered by Rural Utilities Services, offers its members low-interest Energy Resource Conservation (ERC) loans. The complete cost of making approved energy conservation improvements may be eligible for financing with an ERC loan at 5% interest. Up to $5,000 for qualifying improvements to homes, businesses, or agricultural buildings at least one year old. The maximum repayment schedule is set at 60 months. Financed improvements to a residence must meet the criteria as outlined by the ERC loan program guidelines. Related costs for materials,...
Eligibility: Commercial, Residential, Agricultural
Savings Category: Equipment Insulation, Water Heaters, Heat Pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors
Note: In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of...
Eligibility: Commercial, Industrial, Nonprofit, Multifamily Residential
Savings Category: Solar Water Heat, Geothermal Electric, Solar Photovoltaics, Wind (All), Geothermal Heat Pumps, Lighting, Furnaces, Boilers, Heat Pumps, Air conditioners, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Custom/Others pending approval, Geothermal Direct-Use, Pool Pumps, LED Lighting