This Farm Rewiring Program offers more financial assistance than any previous WPS Rewiring Program and is the most supportive rewiring program that you'll find in Wisconsin.
WPS will pay 100% of the first $1,000 of costs, which should cover the cost of the inspection. Next, WPS will pay 50% of the remaining costs up to a maximum grant of $10,000 (including the initial $1,000). You may choose to finance your portion of the costs, up to $15,000, through WPS at a 3% rate of interest for five years.
Let's use a $25,000 rewiring project as an example. WPS will pay 100% of the first $1,000, which should cover the cost of the inspection and time associated with bids. Next, the utility will pay 50% of the $24,000 balance, up to a total grant of $10,000. All in all, you are responsible for $15,000,* which you can choose to finance through WPS at 3% interest for up to five years. Here, WPS will pay the maximum $10,000.
| $25,000.00 | (Total cost of rewiring project) |
| – 1,000.00 | (WPS pays 100% of the first $1,000) |
| $24,000.00 | |
| – 9,000.00 | (WPS pays 50% of balance up to a maximum $10,000 grant) |
| $15,000.00 | (Amount you pay. May be financed through WPS at 3% for up to five years) |
A second example involves a $6,000 project. WPS will pay 100% of the first $1,000 and split the $5,000 balance with you 50/50. You are responsible for $2,500, which you can finance at 3% interest for up to five years. Here, WPS will pay a total of $3,500.
| $6,000.00 | (Total cost of rewiring project) |
| – 1,000.00 | (WPS pays 100% of the first $1,000) |
| $5,000.00 | |
| – 2,500.00 | (WPS pays 50% of balance up to a maximum $10,000 grant) |
| $2,500.00 | (Amount you pay. May be financed through WPS at 3% for up to five years) |
* You can finance a maximum of $15,000 through WPS.