Residential Energy Efficiency Loan Program

Geographic Scope: Jo Daviess, Carroll, Whiteside, and Henry counties, Illinois (service territory of Jo-Carroll Energy)

Focus Areas: Home energy efficiency improvements

Eligible Projects:

• Energy Star qualified geothermal heat pumps
• Air source heat pumps with SEER greater than 15
• Heat pump water heaters
• Solar water heaters (with electric backup)
• Attic, wall, and floor insulation
• Caulking and weather stripping
• Windows and doors
• Mobile home "roof-overs"
• Natural gas service extension (for existing members only, where available)

Eligibility:

• Must be a homeowner
• Must be a Jo-Carroll Energy cooperative member
• Must have home assessment completed by the cooperative prior to beginning work

Terms:

• Work must be completed within 60 days of loan approval date
• Low interest rates available

Contact Information:

• Phone: 800-858-5522
• Elizabeth Headquarters: 793 US Route 20 W, P.O. Box 390, Elizabeth, IL 61028
• Savanna Office: 103 Chicago Ave., Savanna, IL 61074
• Geneseo Office: 1004 S. Chicago St., Geneseo, IL 61254

Application Process

1. Contact Jo-Carroll Energy at 800-858-5522 to inquire about program and current interest rate
2. Request and schedule home assessment with the cooperative
3. Cooperative will complete home energy assessment
4. Identify and plan specific qualifying project
5. Obtain estimates from contractors for the project
6. Complete formal loan application
7. Receive loan approval
8. Complete work within 60 days of loan approval date

Required Materials:

• Home assessment from cooperative
• Contractor estimates
• Completed loan application

Available Resources:

• Download loan program brochure from website