GE Money & National Rural Utilities Cooperative Finance Corporation Promote Energy Efficiency with Consumer Credit Program.KETTERING, Ohio Kettering is a city in Greene and Montgomery Counties in the U.S. state of Ohio. It is a suburb of nearby Dayton. As of the 2000 census, the city had a total population of 57,502. The city incorporated in 1955 from the former Van Buren Township and is named for inventor Charles F. -- GE Money and National Rural Utilities Cooperative Finance Corporation (NRUCFC NRUCFC National Rural Utilities Cooperative Finance Corporation ), a not-for-profit finance cooperative that serves rural utility systems, today announced a multi-year agreement to provide a consumer credit program through NRUCFC's electric cooperative member organizations for homeowners looking to finance home improvement projects, including energy efficient enhancements. Two financing programs, managed by GE Money's Sales Finance unit, are available: ClimateSelect(SM) provides a revolving line of credit Revolving line of credit A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years. , which can be used for initial and add on purchases; while PROJECTLOAN(SM) is an installment financing option. Both programs require no annual fee or down payments and enable consumers to budget for their home improvements with low monthly payments. The electric cooperative network serves more than 40 million people in 47 states and accounts for approximately 10 percent of total U.S. electricity sales. NRUCFC's membership comprises 900 electric cooperatives, including distribution systems and generation-and-transmission (G&T or "power supply") systems. Consumers can use ClimateSelect(SM) or PROJECTLOAN(SM) to finance energy-efficient home improvements, utility repairs and replacements, including renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. conversions such as photovoltaic/solar cells, wind turbines, and geoexchange systems. "Our co-op member organizations have kept the lights on in rural communities across America for more than 50 years. Today, they are seeking new ways to help their consumers create and conserve energy, and these GE programs will help them turn their renewable ideas into reality," said Laurie Greene, program director for NRUCFC. "We are pleased to offer these homeowners a new and convenient way to finance the utility services they need." "Our financing program complements NRUCFC's comprehensive selection of financial tools for co-op members and their customers," said Bruce Christensen Bruce Ray Christensen (born February 22, 1948 in Madison, Wisconsin ) is a former Major League Baseball shortstop for the California Angels. He was drafted by the Angels in the 17th round of the 1966 amateur draft. , vice president and general manager, Home Improvement, GE Money - Sales Finance. "The utilities industry is complex and ever changing, and we are proud to partner with NRUCFC to provide a solution that simplifies and eases the financing process for homeowners who seek green sources to power their home." About National Rural Utilities Cooperative Finance Corporation (NRUCFC) NRUCFC is a non-stock, member-owned finance cooperative that serves the nation's rural utility systems, the majority of which are electric cooperatives and their subsidiaries. With more than $18 billion in assets, NRUCFC provides its member-owners with an assured source of low-cost capital and state-of-the-art financial products and services. By providing financing that supports reliable, affordable electricity, NRUCFC helps enhance the nation's electric infrastructure and improve the quality of life in rural America. Visit www.nrucfc.coop COOP See Banks for Cooperatives (COOP). for more information. About GE Money With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE NYSE See: New York Stock Exchange : GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money's Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. , music, powersports, outdoor power equipment, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport and travel. GE is Imagination at Work--a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, , GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com. NOTE: May is National Home Remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling Month (c)2008 General Electric Company, All rights reserved. |
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