Energy Efficiency Loan Program
Zero Interest Loan:
If you have been a Blachly-Lane Electric Cooperative (BLEC) member for the past 12 months and have good credit with us, you are eligible for this program to finance efficient electric appliances and electric safety items. It features a $500 limit, up to six months to pay, no interest, and automatic billing of the loan payment added to your electric account. And best of all, its a simple one page loan application.
Prime + 2% Financing:
This program is available for BLEC members (12 months or more of satisfactory credit history with the co-op) for energy efficiency improvements to your home. Call to find out the current rate (541-688-8711). This option has a $3000 limit, 36 months maximum term, with monthly payments added to your electric account. And once again, a simple one page loan application.