Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | North Carolina |
Incentive Type: | Loan Program |
Web Site: | http://www.fourcty.org/index.php?p=4&s=29 |
Administrator: | Four County EMC |
Utilities: | Four County Elec Member Corp |
Eligible Efficiency Technologies: | Heat pumps, Air conditioners |
Maximum Loan: | $6,500 |
Loan Term: | 60 months, minimum $25.00 monthly payment |
Interest Rate: | 14 SEER - 6% 15 SEER - 5% 16 SEER or greater - 4% |
Technologies: | Heat pumps, Air conditioners |
Sectors: | Residential |
Parameters: | The incentive has a maximum of $6500.00 |
Four-County EMC offers the Comfort Loan Program to residential customers. This program offers financing for insulation upgrades and the replacement of an existing heating/cooling system with an electric energy-efficient heat pump or air conditioning unit. The utility also offers a rebate of $100 per ton for any heat pump units with 16 or greater SEER, which is new construction or retrofits. Energy improvements can be installed by the home owner.
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