Loan Program
(video courtesy of the Midwest Energy Efficiency Alliance)
Eastern Illini Electric Cooperative offers low interest loans for geothermal systems, standby generators, electric air source heat pumps, air source heat pumps with gas backup and electric service upgrades.
New loan options include the EnergyWise Improvement loan, which allows for almost any energy efficiency updgrade.
Type of Loan |
Maximum Amount | Interest Rate | Term of Loan |
|---|---|---|---|
| ENERGYWISE Improvements | $10,000 | 6.9% | 7 years |
| Geothermal Systems | $10,000 | 6.9% | 7 years |
| Standby Generators | $10,000 | 6.9% | 7 years |
| All Electric Air Source Heat Pumps | $5,000 | 6.9% | 5 years |
| Electric/Gas Air Source Heat Pumps | $3,000 | 6.9% | 5 years |
| 100 AMP Service Upgrades | $600 | 6.9% | 1 year |
| 200 AMP Service Upgrades | $1200 | 6.9% | 1 year |
For more information, please contact the Eastern Illini Marketing Department at 1-800-824-5102 or email us.

