Lumbee River EMC - Solar Water Heating Loan Program (North Carolina)

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Last modified on February 12, 2015.

Financial Incentive Program

Place North Carolina
Additional Place applies to Lumbee River EMC
Name Lumbee River EMC - Solar Water Heating Loan Program (North Carolina)
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Solar Water Heat
Active Incentive Yes

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs

Terms 1.50% interest rate
Program Administrator Lumbee River EMC

Last DSIRE Review 2012-08-07
Last Substantive Modification
to Summary by DSIRE

Incentive Source The given value was not understood.


Lumbee River EMC is offering 1.50% loans to residential customers for the installation of solar water heaters on their homes. To qualify, the systems must be certified OG-300 by the Solar Ratings and Certification Council (SRCC) and installed by a program-approved contractor or an installer certified by the North American Board of Certified Energy Practitioners (NABCEP). Loans of $2,000 or less will be secured as a signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. Lumbee River EMC also provides rebates for solar water heaters. Customer must choose between the rebate and this loan; they may not accept both.

Incentive Contact

Contact Name Water Heater Incentives
Department Lumbee River EMC

Address P.O. Box 830

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


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


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