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North Carolina

Incentives/Policies for Renewables & Efficiency

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Haywood EMC - Residential Heat Pump and Weatherization Loan Program   

Last DSIRE Review: 04/16/2012
Program Overview:
State: North Carolina
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation
Applicable Sectors: Residential
Amount:100% of the total cost for heat pump or weatherization measures
Maximum Incentive:not specified
Terms:Rate: 5%
Repayment: up to 60 months
Web Site:

Haywood EMC offers a low interest loan to residential customers to finance the purchase of an energy efficient heat pump and certain weatherization measures. The current interest rate is 5% and the loan has a maximum payback time of 60 months. In order to apply for the loan, customers must submit an application, an approved credit check, a copy of land deed, a quote from a licensed HVAC contractor with a "load calculation" report, and a processing fee of $150. The heat pump must be 15 SEER of higher and Energy Star certified to be eligible for this loan program.

  Customer Service
Haywood EMC
376 Grindstone Road
Waynesville, NC 28785
Phone: (828) 452-2281
Phone 2: (800) 951-6088
Fax: (828) 926-4290
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.

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 2014 - 2015 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.