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Geothermal Heat Pump Loans

Special limited-time, low-interest funding for geothermal heat pumps

The idea of owning a more efficient home -- and paying lower utility bills -- has widespread appeal, but finding ways to fund needed energy-efficiency improvements can be difficult during hard economic times.

Fortunately, Homeward, Inc. offers low-interest loans for geothermal heat pumps installed in homes of members served by participating co-ops.

Eligible co-op members can borrow up to $20,000 at 2.99% interest for 7 years. Take a look at our brochure, and download an application.

Contact Cheryl Rhead at 515-532-6477 or homeward@mchsi.com to apply for a loan.

This is a limited-time offer for geothermal heat pumps installed in existing or new homes served by these co-ops: Butler County REC, Calhoun County REC, Franklin REC, Grundy County REC, Heartland Power Cooperative, Midland Power Cooperative, Prairie Energy Cooperative, and Raccoon Valley Electric Cooperative.

IMPORTANT NOTE:  Homeowners considering geothermal heat pumps should discuss their options with a professional before making a decision. Energy advisors at your electric co-op are here to help and can answer questions about co-op rebates and incentives.