Walton EMC - Prime PowerLoan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Georgia
Incentive Type:Loan Program
Web Site:http://www.waltonemc.com/index.php/home/
Administrator:Walton Electric Membership Corporation
Eligible Efficiency Technologies:Water Heaters, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors

Summary

Walton Electric Membership Corporation (EMC) is an electric cooperative that serves 100,000 customers in ten northeastern Georgia counties.

Walton EMC has partnered with 3rd parties to offer the Prime PowerLoan and a HomePlus Loan to make energy efficiency upgrades more affordable for residential members. Customers with good utility payment record, credit application, credit report and property title can receive prime rate financing for the installation of weatherization measures.

The Prime Power Loan is primarily to help home owners install water heaters. Loans are made between $500 and  $5,499 with a $15 origination fee.

The HomePlus Loan is available for a variety of improvements and can be between $500 and $25,000.


 

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