In the market for new insulation, windows and doors, water heaters, HVAC systems and other qualifying energy-efficient technology? Take advantage of our Electrify and Save on-bill repayment program (OBR) for a simple and transparent financing option.
+ NO MONEY DOWN, NO CREDIT CHECK, NO LOANS
Instead of a loan, payments are added to your monthly utility bill and can be repaid over one to 10 years, with interest rates between 4% and 4.99%.
+ SAVE ON HIGH EFFICIENCY UPGRADES
Make your home more comfortable while reducing your long-term energy bills. Upgrades include new insulation, windows and doors, water heaters, electric HVAC systems, electric vehicle chargers and more.
+ WE SCREEN CONTRACTORS
Our vetted and authorized network of qualified contractors are knowledgeable of program requirements and can perform installations of qualifying upgrades.
Conservation isn’t a new idea for electric cooperatives. In 1937, when SLVREC was incorporated, miles of line needed to be built and substations were few and far between. Members didn’t have the luxury of squandering this scarce resource. Besides, as a non-profit, SLVREC had no incentive to encourage members to use more electricity than they needed. Instead, the cooperative has worked with members to help keep their electric bills as low as possible.
Today, with concerns about greenhouse gases, the high costs associated with building new generation facilities and a desire to reduce our dependency upon foreign oil, energy conservation has gained new momentum. Some utility experts have termed conservation the fifth generation source. Conservation could help forestall the need to build new power plants.
In dollar terms, every dollar spent on conservation equals five dollars spent on generation.
