Conway Corp’s Energy Smart Loan Program Reaches Million Dollar Milestone | New
Conway Corp’s Energy Smart program recently took a major step forward by surpassing the $ 1,000,000 mark in zero-interest loans provided by the company.
In 2009, Conway Corp launched the Energy Smart initiative. The company started with a residential energy audit program to help customers make their homes more energy efficient. With funding from the Town of Conway, through the Stimulus Funding Act of 2009, Conway Corp began offering loans in early 2010. Loans range from $ 500 to $ 2,500 and can be used by clients. residential to make energy efficiency improvements at zero percent interest.
The company announced that it had issued 337 loans totaling more than $ 1,000,000 during the eleven-year program. At the same time, the company carried out more than 3,200 free energy audits.
“With the 3,200 audits and $ 1,000,000 in loans, the energy savings for our customers are estimated at over $ 1,300,000 per year and $ 24,000,000 for the life expectancy of their home,” said David Avra, head of energy efficiency.
“It has been gratifying to help our customers make the improvements that we recommend through our audit program and to know the impact that will have on them and on the environment. Customers used loans to replace old appliances, install new windows, or insulate the attic. It makes a big difference to them. Said Avra.
In addition to auditing and loan programs, Conway Corp encourages builders to build Energy Smart homes through its New Home Program. To learn more about the Energy Smart program, contact Conway Corp at 501.450.6000 or visit ConwayCorp.com/ EnergySmart.