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Alabama

Alabama

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: http://www.cullmanec.com/default.aspx?id=135
Summary:

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.


 
Contact:
  Member Services
Cullman Electric Cooperative
Member Services
PO Box 1168
Cullman, AL 35056
Phone: (800) 242-1806
Phone 2: (256) 737-3200
E-Mail: info@cullmanec.com
Web Site: http://www.cullmanec.com
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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.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.