North Carolina Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 04/16/2012
Program Overview:
| State: |
North Carolina |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Equipment Insulation, Water Heaters, Heat pumps, Duct/Air sealing, Building Insulation, Windows, Whole House Fans, Heat Pump Water Heaters |
| Applicable Sectors: |
Residential |
| Maximum Incentive: | $10,000 |
| Terms: | Rate: unspecified
Repayment: not specified |
| Web Site: |
http://www.lumbeeriver.com/energy_services/weatherization_loan.as...
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Summary:
Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help residential members increase the energy efficiency of homes. Loans up to $10,000 are available for the purchase and installation of:
- thermal windows and doors
- attic ventilation fans
- water heaters
- foundation vents
- insulation and or mastic sealing of duct work
- a heat pump
- a gas pack
- insulation of ceilings, walls, floors, storm doors and windows
Loans of $2,000 or less will be secured as signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. To qualify for a loan, the property on which the improvements are to be made must be titled in the customer's name and be receiving service from LREMC. The applicant must have a good credit rating as determined by the cooperative. The structure on which the improvements are to be made must be at least five years old. |
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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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