$12,000 Loans for New Electric Technologies

Otter Tail Power Company’s DollarSmart Financing Program offers $150 – $7,000 loans to residential customers. In addition, residential customers are eligible for financing up to $12,000 for geothermal heat pump installations and installation of combination electric systems. Customers may use the 7.9% Competitive Rate Plan to finance purchases of new electric technologies including electric heating applications, complete dual fuel systems, electric cooling application, and new electric water heaters. As part of Minnesota’s Conservation Improvement Program, qualifying Minnesota customers are eligible for the 2.9% Energy Efficiency plan to help pay for Conservation Improvement Program (CIP) qualified energy-saving technologies. Contact: Otter Tail Power Company, PO Box 496, 215 S Cascade Street, Fergus Falls, MN 56538-0496; 218-739-8200; 800-257-4044; http://www.otpco.com/ProductsServices/Financing.asp

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