Lumbee River EMC - Residential Weatherization Loan Program (North Carolina)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place North Carolina

Name Lumbee River EMC - Residential Weatherization Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Doors, Duct/Air sealing, Equipment Insulation, Heat pumps, Water Heaters, Windows
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount up to 10,000

























Terms Rate: unspecified
Repayment: not specified
Program Administrator Lumbee River Electric Membership Corporation
Website http://www.lumbeeriver.com/energy_services/weatherization_loan.aspx
Date added to DSIRE 2006-09-05
Last DSIRE Review 2012-04-16



References DSIRE[1]


Summary

Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help its residential members increase the energy efficiency of their homes. Loans up to $10,000 are available for the purchase and installation of:

  • thermal windows and doors
  • attic ventilation fans
  • water heaters
  • foundation vents
  • insulation and or mastic sealing of duct work
  • a heat pump
  • a gas pack
  • insulation of ceilings, walls, floors, storm doors and windows

Loans of $2,000 or less will be secured as signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. To qualify for a loan, the property on which the improvements are to be made must be titled in the customer's name and be receiving service from LREMC. The applicant must have a good credit rating as determined by the cooperative. The structure on which the improvements are to be made must be at least five years old.


Incentive Contact

Contact Name April Thompson
Department Lumbee River Electric Membership Corporation

Address PO Box 830

Place Red Springs, North Carolina
Zip/Postal Code 28377
Phone (910) 843-4131



Website http://www.lumbeeriver.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)"