In order to help you reduce your energy use, Illinois Electric Cooperative will make Energy Efficiency Loans available to its members. The loans may be used for caulking and weather stripping, heat pump systems, including geothermal systems, water heaters, heat pumps, and central heating or central air conditioning systems that reduce energy use, insulation - ceiling, wall, floor, duct, pipe, water heater insulation, storm windows, storm doors and replacement windows and doors, clock thermostats, attic fans, and renewable energy systems.

The loans will carry an annual percentage rate of 2%; your payments will be added to your monthly bill.

For less than $1,000 borrowed, you'll have up to 12 months to repay the amount. For $1,001 to $5,000, you'll have up to 48 months to repay the loan. For amounts above $5,001 , you'll have up to 84 months to repay the loan.

To qualify for an Energy Efficiency Loan, your electric account needs to be in good standing. You'll have to pass a simple credit check (based on your credit history), and we'll put a lien on the property until the loan is fully paid.

Call us at 1-800-468-4732 for more information.

Click here for the Illinois Electric Cooperative Energy Efficiency loan application.

Utilizing the Energy Efficient Tax Credits ( or go to www.irs.gov for more information )