- Energy Sources
- Incentives & Programs
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:
Tonya Sexton, Vice President of Marketing and Communications
800-489-7405, ext. 4536
Kris Williams, Manager of Energy Services
Norma Beaver, Manager of Member Services
Greg Davis, Key Accounts / Member Service Manager
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. Due to limited funding available, participants will be awarded access to funds on a competitive basis.
SEEAction Financing Energy Improvements on Utility Bills May 2014
ACEE On-Bill Financing for Energy Efficiency Improvements Dec 2011
Loan Loss Reserve Guidelines