Tuesday, March 22, 2011 - 10:04am
Public Can Now Begin to Apply for Low-Interest Energy Efficiency Loans
Mayor Dave Cieslewicz today joined the Community Development Division, Wisconsin Energy Conservation Corporation and Summit Credit Union to roll out the new Green Madison Program, thanks to a $7.2 million grant from the U.S. Department of Energy. A partnership with Focus on Energy, the new program leverages the grant funding to provide low-interest loans to help homeowners take on comprehensive energy efficiency improvements.
"A clean energy economy will create good jobs for workers in our community, save families money on energy bills and reduce our carbon footprint. Starting today, our residents can utilize Green Madison to make it happen," Mayor Dave Cieslewicz said. "This program gives our residents the professional expertise and financing to make improvements to their homes that will save energy and money."
In addition to low-interest loans, Green Madison will also provide access to local energy advocates that help guide homeowners through the process and connect them with current incentives available.
"This is an example of how Madison comes together as a city to build the modern economy," Community Development Director Bill Clingan said. "Whether you are interested in reducing your monthly energy costs, making your home more comfortable or helping the environment, Green Madison can provide professional expertise and low-interest financing to make it possible."
"WECC is pleased and excited to partner with the City of Madison on this innovative project," Mary Woolsey Schlaefer, Executive Director for WECC said. "Green Madison has real potential to deliver substantial energy savings to a large number of homeowners, while helping to grow jobs in Madison."
"Summit is very pleased to be part of this innovative program that helps people improve their homes, neighborhoods, and the environment," Kim Sponem, CEO/President of Summit Credit Union said. "We look forward to a successful partnership and to helping many Madison homeowners."
For more information about the program or how to apply, please visit: www.cityofmadison.com/greenmadison/.
- Rachel Strauch-Nelson608-266-4611