Paducah Power System - Residential Energy Efficiency Loan Program (Kentucky)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Paducah Power System - Residential Energy Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps, Building Insulation|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Up to 7 years with a 7,500 loan limit at a 7% fixed rate|
|Program Administrator||Paducah Power System|
|Date added to DSIRE||2006-07-17|
|Last DSIRE Review||2009-07-17|
Paducah Power System provides loans to their residential customers to help make their homes more energy efficient. The loans can be up to $7,500 and can be used to install new qualifying heating and cooling systems along with upgrades to insulation or other energy savings measures. The loan term can be up to 7 years and has a fixed rate of 7%. Heat pumps must be installed by a member of their Quality Contractor Network (QCN).
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.