West Florida Electric

1.800.342.7400
1.855.My.WFECA
  • Home
  • Contact Us
  • Current Light Flashes
Facebook Twitter YouTube
Email
Menu
  • Your Bill
    • Managing your account has never been easier!
    • Pay Your Bill Online
    • Understanding Your Bill
    • Ways To Pay or Receive Your Bill
    • Ways to Reduce Your Bill
    • View Your Account
    • Modify Your Account
    • Levelize Your Bill
    • EZ Pay Power (Prepaid)
    • mobile apps
  • Your Electric Service
    • Managing your account has never been easier!
    • Apply for Service
    • Disconnect Your Service
    • Transfer Your Service
    • Mobile Apps
    • Service Requirements
    • View Current Outages
    • Dual Service Requirements
    • Line Extension
    • Tree Trimming/Right-of-Way
    • mobile apps
  • Your Cooperative
    • Mobile Apps
    • Products and Services
    • GenerLink™ Transfer Switch
    • Current Light Flashes
    • Capital Credits
    • Economic Development
    • Electrical Safety
    • Youth Tour Competition
    • Community Involvement
    • The Cooperative Difference
    • Co-ops Vote
    • Outdoor Lighting
    • Medically Essential Service
    • WFEC Member Survey
    • Solar Energy
    • mobile apps
  • Save Energy, Save Money
    • Energy Audits
    • Together We Save
    • Manufactured Home Program
    • H2O Plus
    • DIY Energy Savings Tools
    • Customized Home Energy Report
    • Relief Agencies Assisting with Bill Payments
    • mobile apps
  • About Us
    • Careers
    • Newsroom
    • Board of Trustees
    • Board Meeting Minutes
    • Touchstone Energy
    • Executive Staff
    • History
    • Company Overview
    • Statement of Nondiscrimination
    • Bonifay District Office
    • Graceville District Office
    • Sneads District Office
    • Electric Rates
    • Fees
    • WFEC Bylaws
    • mobile apps
  • Outage Map
    • mobile apps
West Florida Electric COVID-19 Response - For the safety of our members, customers and employees during the COVID-19 outbreak, our lobbies will be closed to the public. Drive-thru services remain open at all office locations from 8 a.m. to 5 p.m. Members can manage their accounts through the WFEC App, online, over the phone or by visiting our drive-thrus. Applications for new service may be completed online. If you have any questions, please call 800-342-7400.
  • Manage My Account

    pay-your-bill-btn

Line Extension

  • WFEC Financing/CIAC Financing
  • CIAC Financing Chart
  • Formulas for Overhead Distribution Facility CIAC
  • Formula For Underground Distribution Facility CIAC
  • Other Considerations for CIAC
Home / Line Extension / WFEC Financing/CIAC Financing

WFEC Financing/CIAC Financing

Share on Facebook Email to someone

WFEC Financing

In any of the instances where WFEC finances a portion or all of the construction, the member will be required to execute, prior to construction, a CIAC agreement for the amount financed with the provision that should the member fail to continue the purchase of electric energy from WFEC, said note will become payable immediately.

CIAC Financing

Members may finance cost in aid of construction (CIAC) amounts between $1,000 and $5,000. Amounts of CIAC that do not fall within this relevant range do not qualify for financing and must be paid in full prior to construction. The cooperative will require written contracts be completed prior to the extension of the 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 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 the 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 electric service.

Related Links

Line Extension

When electrical service is required where there is no existing service, the cooperative may require that members pay a contribution in aid to construction (CIAC).

CIAC Financing Chart

When WFEC finances a portion or all of the construction, the member will be required to execute, prior to construction, a CIAC agreement for the amount financed.

  • Energy Efficiency Tip

    Energy Efficiency TipPrep your house for winter or summer weather with caulk & weather stripping.

Easy Site Navigation

Your Bill

  • Pay Your Bill Online
  • Understanding Your Bill
  • Ways To Pay or Receive Your Bill
  • Ways to Reduce Your Bill
  • View Your Account
  • Modify Your Account
  • Levelize Your Bill
  • EZ Pay Power (Prepaid)

Your Electric Service

  • Apply for Service
  • Disconnect Your Service
  • Transfer Your Service
  • Mobile Apps
  • Service Requirements
  • View Current Outages
  • Dual Service Requirements
  • Line Extension
  • Tree Trimming/Right-of-Way

Your Cooperative

  • Mobile Apps
  • Products and Services
  • GenerLink™ Transfer Switch
  • Current Light Flashes
  • Capital Credits
  • Economic Development
  • Electrical Safety
  • Youth Tour Competition
  • Community Involvement
  • The Cooperative Difference
  • Co-ops Vote
  • Outdoor Lighting
  • Medically Essential Service
  • WFEC Member Survey
  • Solar Energy

Save Energy, Save Money

  • Energy Audits
  • Together We Save
  • Manufactured Home Program
  • H2O Plus
  • DIY Energy Savings Tools
  • Customized Home Energy Report
  • Relief Agencies Assisting with Bill Payments

About Us

  • Careers
  • Newsroom
  • Board of Trustees
  • Board Meeting Minutes
  • Touchstone Energy
  • Executive Staff
  • History
  • Company Overview
  • Statement of Nondiscrimination
  • Bonifay District Office
  • Graceville District Office
  • Sneads District Office
  • Electric Rates
  • Fees
  • WFEC Bylaws

Outage Map

2021 West Florida Electric Cooperative, Inc. © All rights reserved.
1.800.342.7400www.westflorida.coop

Test