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Low Interest Energy Efficiency Loan
Get a low-interest loan to make energy-saving improvements in your home
GRU's Low Interest Energy Efficiency Loan empowers customers to install energy-saving technologies that might otherwise be outside a customer’s budget range. The energy-efficient products and equipment purchased with the loan can help lower your bill and improve the comfort of your home.
Loan Offer
Residential: 5-year, 3% fixed APR loan of up to $10,000 for pre-approved energy saving measures
Eligibility
- GRU residential electric customers
- Available for owner-occupied residential homes, including single-family homes, mobile homes, duplexes, triplexes, quadraplexes and condominiums
- 1st Credit Union of Gainesville is responsible for loan approval and administration
- Interest rates are subject to change on new loans without prior written notice based on market conditions
- Loan must be used for pre-approved energy saving measures
- Improvements must be installed according to manufacturer’s recommendations
- The following work must be performed by GRU Partnering Contractors:
- On-site verification of installation may be required
- Installation of energy improvements or purchase must be complete prior to the release of final payment
- Cannot be used with other GRU rebates
How to Apply
- Determine which pre-approved energy saving measures are right for your home
- Have GRU partnering contractor or retail partner fill out Estimate Form(s)
- Best Buy – 3750 SW Archer Road
- Lowe's – Gainesville locations
- Martin Appliance – 7229 NW 4th Blvd.
- If the estimate includes heating and A/C, duct leak repair improvements, pool pump replacement or natural gas appliance conversion, then a GRU Partnering Contractor must sign the estimate form
- Submit the following to 1st Credit Union:
- Upon approval, the 1st Credit Union will provide an approved voucher for payment
- Customer provides approved voucher and estimate form to retail partner or partnering contractor
- Complete purchases and improvements
- Retailer or contractor should provide 1st Credit Union with the Estimate Form signed by the customer and a copy of the receipt for release of payment
Forms
Questions?
For additional information, please call our Conservation Services Department at 352-393-1460.
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