Generator Financing

Generator Financing

Keep the power flowing… Be ready for a power outage. Let Cullman Electric help you purchase, install and finance a standby generator.

What We Offer

Cullman Electric Cooperative is ready to assist you with the purchase of a standby generator:

  • Technical assistance
  • Generator sizing information
  • Financial assistance
  • Help in locating a generator
  • Direction in configuring poultry houses under one meter to access a transfer switch (when possible and economically feasible for the farmer)

FAQs We Can Answer

Frequently Asked Questions Cullman EC can Answer About Stand-by Generators:

  • What size generator do I need?
  • Should I get a PTO generator or an engine-driven one?
  • I have 4 poultry houses on two separate meters. How do I go about installing a transfer switch to supply emergency power to all four houses?
  • I want an engine-driven generator. Which should I purchase – a propane gas or diesel model?
  • A dealer who sells used generators has approached me. Will I be taking a risk?
  • Does Cullman Electric Cooperative finance used generators?
  • How do I obtain a generator loan from Cullman Electric Cooperative?

NOTE: The installation of a dual-pole, double-throw switch is required for accessing a standby generator. If you are planning to install a generator, obtain the services of a licensed electrician to install a transfer switch and to connect your generator. For safety reasons, installation of a transfer switch is an absolute must!


Current Financing Information

Amount of Loan Down Payment Interest Rate Terms
Less than $1,000* 10% 10.0% 18 months
$1,000 – $5,000 10% 8.0% 36 months
Greater than $5,000 10% 8.5% 60 months

NOTE: A Uniform Commercial Code (UCC) is filed with each generator loan.

A $50.00 processing fee is required for loans less than $1,000.00

Call us at 256-737-3200 for more information.