Piedmont EMC - Residential Energy Efficiency Loan Program (North Carolina)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Piedmont EMC - Residential Energy Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Building Insulation, Central Air conditioners, Doors, Heat pumps, Windows|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Up to $10,000|
|Terms|| Rate: 5% |
Repayment: 7 years
|Program Administrator||Piedmont EMC|
|Date added to DSIRE||2011-01-12|
|Last DSIRE Review||2012-07-26|
Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible consumers to finance the purchase and installation of energy efficient residential upgrades. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Loans are available for central air conditioning, heat pumps, windows, doors and insulation. In addition to energy efficient measures and equipment, residents may also use this program to finance the installation of <a target="_blank" href="http://dsireusa.org/incentives/incentive.cfm?Incentive_Code=NC95F&re=1&ee=1" tabindex="51" title="DSIRE entry for Piedmont EMC solar loans" class="summarylink">photovoltaic (PV) systems and solar water heaters</a>. Piedmont EMC also offers rebates for residential solar water heating systems. Contact PEMC for further information about these programs.
|Contact Name||Customer Service|
|Department||Piedmont Electric Membership Corporation|
|Address||Post Office Drawer 1179|
|Place||Hillsborough, North Carolina|
|Phone 2||(800) 222-3107|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.