Midwest Electric is committed to working with local, state and national officials in order to keep and create jobs in west central Ohio. Our economic development program includes competitive electric rates; low-cost new construction charges; partnerships with our statewide power supplier; and a revolving loan fund.
Revolving Loan Fund (RLF)
Our RLF features the competitive interest rate of prime minus three points for job creation projects in rural west central Ohio! Minimum loan is $5,000; the maximum depends on the amount of available RLF funds at the time of the request. The project must have a minimum of 10% of equity infusion. Other requirements apply. Contact us for more information or a free pre-application.
Buckeye Power is the generation and transmission cooperative for Ohio’s 25 electric distribution cooperatives, such a Midwest Electric. Buckeye owns nearly 2,000 megawatts in electric generating capacity and places a high priority on exceeding environmental regulations at its plants. Buckeye also has among the lowest wholesale power rates in Ohio.
Visit the economic development page at Buckeye Power for a listing of available development sites throughout Ohio and across America.