Oakdale Electric Cooperative and Wisconsin Electric Cooperative Association (WECA) have teamed up to offer dairy farmers a farm re-wiring financial assistance program.
The Safety First! loan and grant program is designed to assist dairy farmers with their farm's re-wiring to meet current electrical code standards.
This is a cost-sharing program with the following requirements:
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Dairy farms only (including cows, goats, and sheep which are kept for the production of milk).
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Existing homestead.
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Pre- and post-program inspections by an approved state-certified inspector.
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Work must be completed by a Master Electrician or an electrician who has completed the Farm Rewiring Program.
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Before work commences, a bid from the electrician must meet loan/grant requirements.
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A signed service agreement for length of loan.
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Credit eligibility requirements. Financially, this program offers a loan/grant combination up to $30,000.
Other financing is available as well:
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Grants are available for 20% or up to $6,000 from WECA.
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Loans are available for 80% or up to $24,000 from Oakdale Electric Cooperative. A 3% interest applies to this loan, and the farmer can take up to 5 years to repay the loan.
For more information on the Safety First! Rewiring Program, Contact Us or call 1-800-241-2468.