Home Energy Improvement Loan Rate Drops One Percentage Point

first_imgHome Energy Improvement Loan Rate Drops One Percentage Point MONTPELIERIt just got a little more affordable for Vermont homeowners to prepare their homes for winter weather. The interest rate for the Warm and Weatherized Loan Program has dropped one percentage point since the program was first announced in September. The five-year fixed interest rate on program loans is now 2.75 percent. Earlier this fall, the State Treasurer’s Office partnered with TD Banknorth and Efficiency Vermont to make $2 million in unsecured loans available to homeowners who want to reduce their fuel costs by making their homes more energy efficient. Loans also are available to replace old, inefficient heating equipment. The interest rate for the loans is linked to the prime lending rate. As that rate has declined, so has the fixed interest rate for loans through the Warm and Weatherized Loan Program. The fixed interest rate is set at 1.25 percentage points below the prime lending rate. “The program gives Vermonters another opportunity to decrease their energy bills,” said State Treasurer Jeb Spaulding. “The lower interest rate makes this option even more affordable to homeowners.” Loans are available through any of TD Banknorth’s 35 Vermont locations. Loans range from $2,500 to $5,000. Improvements eligible under the Warm and Weatherized Loan Program include, but are not limited to:Comprehensive whole-house air sealing;Added attic insulation installed in conjunction with air sealing where current ceiling insulation is six inches or less;Dense-pack cellulose in wall cavities that have less than 1-½ inches of insulation present;Lighting efficiency upgrades; andAny health, safety or moisture control measures associated with the improvement package. As a limited time offer through March 31, 2009, Efficiency Vermont will pay 10 percent or up to $500 of the cost of comprehensive improvements. This offer does not cover improvements that only address upgrades to stand-alone furnaces and boilers. The loan program runs through June 30, 2009. For more information, contact the TD Banknorth branch closest to you.-end-last_img read more

BCSC earns spot in ‘Continuous Improvement Coalition’

first_imgBatesville, In. — The Batesville Community School Corporation was approved as a charter member of the Coalition of Continuous Improvement School Districts (CCISD) by the Indiana State Board of Education.The Coalition of Continuous Improvement School Districts (CCISD) is a coalition of seven school districts representing small, large, rural, suburban, and urban districts united to focus on innovative ideas, improving student learning, and taking purposeful risks to better serve all students in Indiana. When granted flexibility to eliminate barriers that inhibit student achievement or outcomes, CCISD will learn from each other, cultivate innovative best practices and serve as model districts for other schools to replicate student successes.The initial cohort of seven school districts; Batesville Community Schools, Concord Community Schools, Goshen Community Schools, Elkhart Community Schools, Crothersville Community Schools, Greater Clark County Schools, and Metropolitan School District of Decatur Township, will implement their own respective strategies to promote student success for the over 44,000 students they collectively serve.The mission of Batesville Community School Corporation is to educate all students in an environment of academic excellence, preparing them for productive and responsible citizenship in a global community. For more information about BCSC, please visit our website: http://batesvilleinschools.com.last_img read more