Residential Energy Efficiency Loan Loss Reserve Program

The Arkansas Energy Office (AEO), a division of the Arkansas Economic Development Commission, has launched the Residential Energy Efficiency Loan Loss Reserve Program, which will provide funds to participants providing residential on-bill repayment or on-bill financing programs to their customers for energy efficiency improvements such as insulation, duct sealing, and HVAC replacement.

Program participants may include municipal utility districts, electric cooperative of Arkansas, investor-owned utility providers, and any credit union or other capital provider working with program participants.

Current Utilities Enrolled in the Residential Energy Efficiency Loan Loss Reserve Program:

First Electric Cooperative. Improving Quality of Life. Your Touchstone Energy Cooperative.

Contact:
Tonya Sexton, Vice President of Marketing and Communications
800-489-7405, ext. 4536
tonya.sexton@fecc.coop


Ozarks Electric Cooperative. A Touchstone Energy Cooperative. www.ozarksecc.com

Contact:
Kris Williams, Manager of Energy Services
479-684-4614
kwilliams@ozarksecc.com


Ouachita Electric Cooperative Corporation

Contact:
Kris Williams, Manager of Energy Services
479-684-4614
kwilliams@ozarksecc.com


Arkansas Valley Electric Cooperative. A Touchstone Energy Cooperative.

Contact:
Greg Davis, Key Accounts / Member Service Manager
479-667-2176
gdavis@avecc.com

The Program has Four Goals:

  • For energy providers to encourage residential investments in energy efficiency upgrades or improvements that reduce energy consumption
  • Reduce fossil fuel emissions while maintaining service level and delivery to ratepayers, and maximize benefits for local and regional communities
  • Reduce required energy production in the region through implementation of demand side management
  • Improve energy efficiency of ratepayer residential building stock

Funds are available on a first-come, first-served basis. Applications will be reviewed based on responses to the application questions. Because of limited available funding, participants will be awarded access to funds on a competitive basis.