Cape & Islands Self-Reliance Corporation - Home Energy Loan Program (Massachusetts)

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Summary

Last modified on September 25, 2013.

Financial Incentive Program

Place Massachusetts

Name Cape and Islands Self-Reliance Corporation - Home Energy Loan Program
Incentive Type Local Loan Program
Applicable Sector Residential
Eligible Technologies Solar Water Heat, Photovoltaics
Active Incentive No

Implementing Sector Local
Energy Category Renewable Energy Incentive Programs
Amount U.S. T-Bill + 2%


























Program Administrator Cape and Islands Self-Reliance
Website http://www.reliance.org
Date added to DSIRE 2001-05-30
Last DSIRE Review 2002-02-15



References DSIRE[1]


Summary

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.


Incentive Contact

Contact Name Megan Amsler
Department Cape and Islands Self-Reliance

Address P.O. Box 3203

Place Waquoit, Massachusetts
Zip/Postal Code 02536-3203
Phone (508) 457-7679


Email reliance@reliance.org
Website http://www.reliance.org
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"