Joe Wheeler Electric Membership Corporation - Residential Heat Pump Loan Program (Alabama)

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Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place Alabama

Name Joe Wheeler Electric Membership Corporation - Residential Heat Pump Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Heat pumps
Active Incentive No

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount 8 % interest


10-year term maximum
10,000 maximum loan amount, 12,500 max if multiple units



























Program Administrator Joe Wheeler EMC
Website http://www.jwemc.org/loanprograms.aspx
Date added to DSIRE 2006-08-18
Last DSIRE Review 2009-07-17



References DSIRE[1]


Summary

The energy right Program from Joe Wheeler EMC and TVA is designed to save money and gain home energy efficiency for its members in north Alabama.

Heat pump loan approval is contingent upon a credit check by TVA and payment history with Joe Wheeler Electric and/or previous utility. To qualify for the program, the applicant must be a JWEMC member and be the owner of the property where the unit is to be installed.

A $50 non-refundable application fee is required for loan processing. A copy of the deed to the property is required. A lien will be placed against the property until the unit is paid in full. A copy of your driver’s license must be included with the loan application.


Incentive Contact

Contact Name Natalie-Ann Dutton
Department Joe Wheeler EMC

Address P.O. Box 460

Place Trinity, Alabama
Zip/Postal Code 35673
Phone (256) 552-2336
Phone 2 (256) 552-2300

Email ndutton@jwemc.org
Website http://www.jwemc.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)"