Energy Service Loan Program

Energy Service Loans are available to qualified REA members with an active account at the location receiving the energy service program or equipment.

The interest rate will be the Prime Rate plus 1% as published in the Wall Street Journal on the date of loan closing.  The minimum interest rate will be 2%.

Below are the programs we currently offer financing on:

Standby Generators
Financing only available to standby generators purchased through Runestone Electric Association. Projects require 40% down.

Steffes Electric Thermal Space Heating Solutions (ETS)
Financing available on equipment only.

REA Community Solar