Apply for an Efficiency Loan

The complete cost of making EnergyWise® conservation improvements may be eligible for financing with an ERC loan through Stearns Electric Association at 5% interest. Loan funds, up to $5,000, are available for qualifying improvements to homes, businesses or agricultural buildings at least one year old. The maximum repayment schedule is set at 60 months for a $5,000 loan.

Related costs for materials, equipment and labor completed by a contractor are eligible for financing. This includes the expenses for electrical wiring, the heating equipment and/or duct work. There are no income guidelines to qualify; however, the applicant’s payment history with Stearns Electric Association is reviewed for consideration.

Learn more about ERC Loans


To apply online please fill out and submit the form below, or print the ERC Loan Application to apply by mail or fax.

Mail the application to:
Stearns Electric Association
ERC Loan Application Coordinator
PO Box 816
St. Joseph, MN 56374

Fax the application to:

Complete Online Form