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Incentives/Policies for Energy Efficiency

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Cullman Electric Cooperative - Energy Conservation Loan Program   

Last DSIRE Review: 01/14/2013
Program Overview:
State: Alabama
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Building Insulation, Windows
Applicable Sectors: Residential
Maximum Incentive:Heat Pump Rate: not specified
Energy Conservation Rate: $2,000
Terms:Heat Pump Rate: as low as 6%
Heat Pump Repayment: not specified

Energy Conservation Rate: 8%
Energy Conservation Repayment: up to 36 months
Web Site:

Cullman Electric Cooperative, a Touchstone Electric Cooperative, has two loan programs. One is the Energy Conservation Loan Program, which provides members a loan for insulation or storm windows. Maximum loan is $2,000, payable up to 36 months at a rate of 8%. A list of approved contractors is provided on the web site.

Cullman also helps finance electric heat pumps through the Heat Pump Loan Program. The current interest rate is as low as 6% and monthly payments are billed through the electric bill. Contact Cullman for loan amounts. A $50 application/filing fee and a copy of property description are required. See the program web site listed above for other information regarding this program.

  Member Services
Cullman Electric Cooperative
Member Services
PO Box 1168
Cullman, AL 35056
Phone: (800) 242-1806
Phone 2: (256) 737-3200
Web Site:
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

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