Georgia Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 06/20/2012
Program Overview:
| State: |
Georgia |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Water Heaters, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors |
| Applicable Sectors: |
Commercial, Residential |
| Amount: | up to $5,500 |
| Maximum Incentive: | $5,500 |
| Terms: | Rate: varies
Repayment Terms: up to 7 years |
| Web Site: |
http://www.waltonemc.com/residential/index.php?page=loans
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Summary:
Walton Electric Membership Corporation (EMC) is an electric cooperative that serves 100,000 customers in ten northeastern Georgia counties. Walton EMC offers the Prime PowerLoan program for both residential and commercial accounts. Customers with good utility payment record, credit application, credit report and property title can receive prime rate financing for the installation of, among other things, weatherization measures. On loans up to $4,500, there is a $15 origination fee that includes a credit check. On loans over $4,500, the fee is $110 plus $3 for each additional $1,000 borrowed to include a credit check, title search, recording fees and intangible tax fees. For loans over $5,500 please call Walton Electric. View the program web site or contact the utility directly for more informaiton.
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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.
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