Dixie Electric Cooperative - Residential Energy Efficiency Loan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Alabama
Incentive Type:Loan Program
Web Site:http://www.dixie.coop/content.cfm?id=2049&download_id=59#attached_content
Administrator:Dixie Electric Cooperative
Eligible Efficiency Technologies:Heat pumps, Custom/Others pending approval

Summary

Dixie Electric Cooperative, a Touchstone Electric Cooperative, offers the Energy Resources Conservation (ERC) loan to residential customers pursue energy efficiency measures. The program allows a maximum loan of $5,000 at a 5% interest rate. Funds can be used for improvements, upgrades, gas to electric conversions, or installation of a heat pump system. The payments for the loan are added to the customers' monthly utility bill and can be spread over a maximum of 60 months. Customers may be subject to a credit review and approval. For more information view the web site listed above.

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