Piedmont EMC - Residential Solar Loan Program (North Carolina)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Piedmont EMC - Residential Solar Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Solar Water Heat, Photovoltaics|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||Up to 10,000|
|Terms||5% for 7 years|
|Program Administrator||Piedmont EMC|
|Date added to DSIRE||2011-01-12|
|Last DSIRE Review||2012-12-20|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
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 photovoltaic (PV) and solar water heating systems. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Contact PEMC for further information about this program. In addition to solar equipment, residents may also use this program to finance the installation of certain energy efficiency improvements. Piedmont EMC also offers rebates for residential solar water heating systems.
|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.