Loans

We can help with home improvement projects

It’s important that your home is equipped with everything you need to survive Midwest winters and summers. If you need help making those big purchases, Eastern Iowa REC is here.

Our low-interest loan program provides 5% loan funds to help finance energy-saving home improvements. The program is available to home owners and renters and a credit report will be completed before any loan is approved. Additional loan funds are available through the Cooperative’s revolving low-interest loan fund. Contact the member service department for program details.

These funds can be used for:

  • Purchasing new storm windows, doors, insulation, and other weatherization products
  • Updating electric service entrances
  • Wiring from the service entrance to other buildings
  • Purchasing electric home heating systems
  • Purchasing energy efficient electric home appliances, standby generators, and power quality equipment
Loans