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Loans / Grants


The program is part of unique partnership with Arizona’s G&T Cooperatives

Low-interest loans to encourage rural economic development in Anza Electric Cooperative’s (Anza) service territory are available through a unique program administered by Arizona’s G&T Cooperatives (G&Ts) using funds from the U.S. Department of Agriculture.

The Rural Economic Development Loans & Grants program (REDL&G) makes funding for specific projects available at interest rates generally lower than those available through conventional sources and for terms that can be structured to meet unique needs.

“There are three broad criteria a potential borrower must meet to qualify for these loans; the project has to create a job or jobs, it should generate revenue for the business or project and the community as a whole, and it should in general improve the economy of the area,” said Kevin Short, Anza’s General Manager.

Ryall Stewart, Anza Board of Director’s President, called the loan program “a unique opportunity.”

“We believe strongly in the seven cooperative principles, one of which is ‘commitment to community,’ which in part says we should be involved in the sustainable development of communities.  This is one more way we can follow through on those principles,” Stewart said.

REDL&G loans may not be used to refinance existing debt or to pay creditors, nor can they be used for projects that involve real estate or other investments that involve speculation.

For more information or to obtain a loan packet, contact Geoff Oldfather at the G&Ts at (520) 586-5465 or via e-mail at  Criteria for the loan program are listed below.

Anza is a Class-A Member of the G&Ts, which own the Apache Generating Station at Cochise, Arizona, the wholesale provider of Anza’s electric power.

Arizona Electric Power Cooperative (AEPCO), Southwest Transmission Cooperative (SWTC) and Sierra Southwest Cooperative Services collectively make up Arizona’s G&T Cooperatives.

AEPCO owns and operates the 605 (combined gross) megawatt Apache Generating Station at Cochise, Arizona, east of Benson.

SWTC owns and maintains more than 620 miles of transmission lines and 27 substations that transmit wholesale power from the Apache Generating Station to six Member Distribution Cooperatives in southern Arizona, northwestern Arizona in Bullhead City and Mohave County, and Anza in California.

Combined, the Distribution Cooperatives that receive AEPCO’s wholesale power serve more than 147,000 residential, commercial, agricultural and industrial customers.

The six Class A Member Cooperatives that receive wholesale power from AEPCO include five in Arizona; Sulphur Springs Valley Electric Cooperative in Willcox, Duncan Valley Electric Cooperative in Duncan, Graham County Electric Cooperative in Pima, Trico Electric Cooperative in Marana, Mohave Electric Cooperative in Bullhead City, and the California Member, Anza Electric Cooperative in Anza.  These member cooperatives own the Arizona’s G&T Cooperatives and by extension, the G&T Cooperatives are owned by their members, the people at the end of the line who use the power.

The G&Ts are also Rural Utilities Service (RUS), a federal agency, borrowers.

The G&Ts and its member cooperatives are not-for-profit utilities.


Loans Available For:

  • Industrial Manufacturing, Production
  • Wholesalers
  • Retail Businesses
  • Services (i.e., Professional Offices)
  • Tourism
  • Federal, State, Local and Non-Profit Organizations as targeted by Distribution Cooperatives
  • General Community Needs (potential Low Income Housing), Health and Educational Service

Eligible Use of Funds:

The applicant must prove that the business will use the funds in one of the following ways:

  • Land and Building Acquisition
  • Land Improvements
  • New Building Construction
  • Building Renovation
  • Machinery and Equipment (including Commercial Energy-Saving Equipment)
  • Infrastructure
  • Engineering Planning
  • Housing
  • Fire Equipment (improving the ISO Rating)

Please note that loan funds cannot be used for:

  • Refinancing of existing debt, or payment to business owners or partners
  • Agricultural production costs (i.e., cultivation, production and harvesting)
  • Television or radio stations, oil or gas facilities, churches
  • No board member or employee or active consultants of participating cooperatives is eligible


Contact: Geoff Oldfather, Communications and Public Relations Manager

(520) 586-5465, C: (520) 444-3473.

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