Alabama
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 11/19/2009
| Incentive Type: |
Utility Loan Program |
| State: |
Alabama |
| Eligible Efficiency Technologies: |
Water Heaters,
Heat pumps,
Air conditioners,
Building Insulation,
Windows,
Doors
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| Applicable Sectors: |
Residential
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| Terms: | Low fixed interest rate for up to 10 years. |
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Web Site: |
http://www.cherokee-electric.org/
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Summary:
Cherokee Electric Coop offers the Cherokee Advantage Programs for their residential customers to borrow money for making energy efficiency improvements to their homes.
In association with the Tennessee Valley Authority (TVA), the Energy Right program offers loans for residential customers to purchase energy efficient heat pumps. Payments are conveniently added to the monthly power bill.
The Energy Conservation Home Improvement Loan is handled through certified contractors. Homeowners can borrow funds at competitive rates for various energy efficiency-related home improvement projects. Energy efficiency measures that can be financed include: Electric heat pumps, air conditioners, electric water heaters, window/door replacements, and insulation upgrades. Interested customers should contact the cooperative for more program details and a list of approved contractors.
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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