Haywood EMC - Residential Heat Pump and Weatherization Loan Program (North Carolina)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place North Carolina


Name Haywood EMC - Residential Heat Pump and Weatherization Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Caulking/Weather-stripping, Duct/Air sealing, Heat pumps
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount 100% of the total cost for heat pump or weatherization measures








Maximum Incentive not specified





Terms Rate: 5%
Repayment: up to 60 months
Program Administrator Haywood EMC
Website http://www.haywoodemc.com/pages/heatpumploan.htm


References DSIRE[1]


Summary

Haywood EMC offers a low interest loan to their 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 their 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 to be financed by this loan program.

<metadesc> Haywood EMC - Residential Heat Pump and Weatherization Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Customer Service
Department Haywood EMC
Address 376 Grindstone Road
Place Waynesville, North Carolina
Zip/Postal Code 28785
Phone (828) 452-2281
Phone 2 (800) 951-6088


Website http://www.haywoodemc.com/


















  • 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)"