Ohio announces financing help for energy upgrades

OHIO - Ohio's treasurer has announced a new program to provide homeowners reduced interest rates on loans for renewable and energy efficiency improvements.

Treasurer Kevin Boyce said that the Energy Conservation for Ohioans program would provide 3 percent interest rate reductions when homeowners make energy efficiency improvements or install solar panels.

Participating banks include KeyBank as well as community banks such as First National Bank of Bellevue.

Boyce says the interest rate reduction will increase the value of homes and supplement federal tax credits already available for energy improvements.

He also says the program would mean more projects for the energy industry and possibly create jobs.



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