Cape & Islands Self-Reliance Corporation - Home Energy Loan Program (Massachusetts)
Last modified on September 25, 2013.
Financial Incentive Program
|Name||Cape and Islands Self-Reliance Corporation - Home Energy Loan Program|
|Incentive Type||Local Loan Program|
|Eligible Technologies||Solar Water Heat, Photovoltaics|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||U.S. T-Bill + 2%|
|Program Administrator||Cape and Islands Self-Reliance|
Cape and Islands Self-Reliance Corporation provides low-interest loans for energy-related home improvements (including solar water heater and photovoltaic installations) under its Home Energy Loan Program. The financing is available in cooperation with Cape Cod Bank and Trust. Self-Reliance uses funds generated by its member-benefit programs to underwrite loans for energy-related home improvements for its members. The fixed interest rate for HELP loans is based on the 90-day U.S. Treasury Bill rate plus 2%.
Requirements for participation are:
- membership in Self-Reliance; - the home must be occupied year-round; - annual applicant income must not exceed $80,000; and - applicant must meet credit approval standards at CCB&T.
|Contact Name||Megan Amsler|
|Department||Cape and Islands Self-Reliance|
|Address||P.O. Box 3203|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.