Financing is available for approved conservation measures only.
For a list of approved measures contact McMinnville Water & Light at 503-472-6158.
Financing amounts can range from $1,000 to $15,000 and customers can choose financing terms of 12, 24, 36, 48 or 60 months. The monthly payment is based on a whole dollar figure and will be included on the monthly utility bill. Loans over $7,500 must be secured by a Deed of Trust. For each application a $50 service charge for residential loans and a $100 service charge for commercial loans will be assessed. This service charge can be included in the amount financed.
Are you looking for a way to conserve on energy costs? Let our low interest loan program help you get there.
Weatherize your home or business
Now is a good time to consider adding that much needed ceiling, floor and wall insulation as well as replacing those culprit windows.
Install a heat pump
Are you thinking about upgrading you current electrical heating system? Why not install a heat pump and resolve both your heating and cooling problems for less? Electric air-source heat pumps us the difference between outdoor air and temperatures and indoor air temperatures to cool and heat your home or business, making them extremely efficient and cost effective.
Replace inefficient commercial lighting
Why not consider having your old lights replaced with high efficiency, state-of-the-art lighting? Better yet, why not have MW&L help you pay for replacing your existing lighting? In most cases, new lights will be quieter, provide "better light", and save you energy.