Piedmont EMC - Residential Energy Efficiency Loan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:North Carolina
Incentive Type:Loan Program
Web Site:http://www.pemc.coop/energySavings/energyEfficiencyLoanProgram.aspx
Administrator:Piedmont EMC
Eligible Renewable/Other Technologies:Solar Water Heat, Solar Photovoltaics
Eligible Efficiency Technologies:Heat pumps, Air conditioners, Building Insulation, Windows, Doors

Summary

Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible consumers to finance the purchase and installation of energy efficient residential upgrades. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Loans are available for central air conditioning, heat pumps, windows, doors and insulation.  In addition to energy efficient measures and equipment, residents may also use this program to finance the installation of photovoltaic (PV) systems and solar water heaters. Piedmont EMC also offers rebates for residential solar water heating systems.  Contact PEMC for further information about these programs.

 

 

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