Alternate Energy

An Alternate Energy Source Loan provides a low cost alternative method of supplying affordable and reliable electric service. At the sole discretion and choice of Mor-Gran-Sou, the member may be offered a choice of an alternate energy source system, in lieu of installing a new line to a seasonal use site.

Mor-Gran-Sou will offer low interest loans to a member who purchases an alternate energy source system. Mor-Gran-Sou will finance up to 75% of the purchase price and installation. A loan of $4,000 or greater shall not exceed ten years. Maximum loan is $10,000. A loan less than $4,000 shall not exceed five years.
Currently the Cooperative will charge an interest rate of 8% simple interest annually on the balance. Minimum contract payment will be $25 per month. Member shall have a good credit rating. The member is free to purchase the system from any distributor.

Uses: Wind, solar, stand-by generators and other alternative energy sources.

Touchstone Energy® Cooperatives is a national network of electric cooperatives across 46 states that provides resources and leverages partnerships to help member cooperatives and their employees better engage and serve their members. By working together, Touchstone Energy cooperatives stand as a source of power and information to their 32 million member-owners every day.

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Alternate Energy