Members may finance contribution in aid of construction amounts between $1000 and $5000. Amounts of CIAC that do not fall within this relevant range, including payment for underground service, do not qualify for financing and must be paid in full prior to construction.

The Cooperative will require written contracts (Primary Line Extension Payment Agreement) be completed prior to extension of service in order to legally guarantee the payment of all CIAC charges. Financing of CIAC is currently available at the annual percentage rate of 11%, and is subject to good credit verification. Signing of required written contracts (Primary Line Extension Payment Agreement) authorizes WFEC to request a member’s credit score from any one of the three major credit reporting agencies.

Members qualifying for financing will have the CIAC charges agreed upon in the primary line extension payment agreement included on their monthly electric statement. Any payment made by a member for CIAC to the Cooperative will not convey to the member any rights of ownership, and is due immediately in full upon the termination of the electric service. The below payment amounts are estimates only.

CIAC Amount	Down Payment	Amount Financed	Length of Loan	Payment Amount
$1,000	$100	$900	24 months	$41.95
$1,250	$125	$1,125	24 months	$52.43
$1,500	$150	$1,350	24 months	$62.92
$1,750	$175	$1,575	30 months	$60.29
$2,000	$200	$1,800	36 months	$68.90
$2,250	$225	$2,025	36 months	$66.30
$2,500	$250	$2,250	42 months	$73.66
$2,750	$275	$2,475	42 months	$71.26
$3,000	$300	$2,700	42 months	$77.74
$3,250	$325	$2,925	48 months	$75.60
$3,500	$350	$3,150	48 months	$81.41
$3,750	$375	$3,375	54 months	$79.52
$4,000	$400	$3,600	54 months	$84.82
$4,250	$425	$3,825	54 months	$90.12
$4,500	$450	$4,050	60 months	$88.06
$4,750	$475	$4,275	60 months	$92.95
$5,000	$500	$4,500	60 months	$97.84