On-Bill Financing Program
Our On-Bill Financing program is just one more way we're helping members and customers Live Better®. On-Bill Financing through the cooperative offers members an affordable option for upgrading and improving their homes with more energy-efficient products, without the burden of having to pay for these items in full at the time of purchase, which will relieve some stress on the family's pocketbook.
Program benefits include:
Smarter Spending
Members can complete necessary energy efficiency improvements without having to pay the full amount upfront, allowing them to spread out payments while enjoying the upgrades immediately.
Less Expense
Lower interest rates from the cooperative means members will pay less over the life of the loan compared to using credit cards or unsecured loans, making their investment more affordable in the long run.
The On-Bill Financing options also protect members from predatory lending practices often associated with informal lenders or high-interest payday loans, ensuring fair and transparent credit options for products and services.
Increased Value
Investing in home improvements can boost a property’s value. On-Bill Financing enables members to upgrade their homes with higher-efficiency products, allowing them to reap the benefits of energy efficiency and potentially increase their home equity.
The program offers members a $10,000 maximum loan amount per project, with a $20,000 maximum loan amount per member. Learn more using the links below, call us at 800-924-2133, or contact us.
