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North Carolina

Incentives/Policies for Energy Efficiency

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Union Power Cooperative - Residential Energy Efficient Heat Pump Loan Program   

Last DSIRE Review: 04/16/2012
Program Overview:
State: North Carolina
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps
Applicable Sectors: Residential
Amount:up to $7,500
Maximum Incentive:$7,500
Terms:Rate: 9%
Repayment: up to 60 months
Web Site: http://www.union-power.com/mainNav/myHome/heatPumpFinancing.aspx
Summary:

Union Power Cooperative offers low interest loans to help its residential customers finance new, energy-efficient heat pumps. Interest rates, currently at 9%, will be fixed for the term of the loan. Loans can be up to $7,500 over five years. Customers pay back the loan with payments on monthly electric bills. There is a one time loan filing fee of $42.  Contact Union Power Cooperative for more information regarding this program.


 
Contact:
  Steve Whitley
Union Power Cooperative
1525 Rocky River Rd. N.
Monroe, NC 28110
Phone: (800) 922-6840 Ext. 3239
Phone 2: (704) 289-3145
E-Mail: steve.whitley@union-power.com
Web Site: http://www.union-power.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.

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