Four-County EMC - Residential Energy Efficiency Loan Program

Last updated: May 03, 2019

Program Overview

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%

Incentives

Technologies:Heat pumps, Air conditioners
Sectors:Residential
Parameters:The incentive has a maximum of $6500.00

Summary

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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