South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program (Alabama)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Alabama


Name South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Doors, Heat pumps, Windows, Geothermal Heat Pumps
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount Air-Source Heat Pump Loan: up to $5,000

Geothermal Heat Pump Loan: up to $12,000













Terms Rate: 5%

Repayment Period: 48 months - 60 months

Program Administrator South Alabama Electric Cooperative
Website https://www.southaec.com/content.cfm?id=2014


References DSIRE[1]


Summary

South Alabama Electric Cooperative (SAEC) is a part owner of Alabama Electric Cooperative which has a generation facility in Andalusia, Alabama. The Energy Resources Conservation Loan (ERC) helps members of the cooperative cover the cost of labor and materials for energy conservation measures on existing structures. Loans will only be made to members who have good credit ratings and also own the structures to be weatherized. ERC loans may be provided to finance the cost of labor and materials for items such as insulation, storm or thermal windows, storm or thermal doors and high efficiency heat pumps. Contact SAEC for more information or view the program web site listed above.

<metadesc> South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Chellie Phillips
Department South Alabama Electric Cooperative
Address P.O. Box 449
Place Troy, Alabama
Zip/Postal Code 36081
Phone (800) 556-2060
Phone 2 (334) 566-8060
Email chelliep@southaec.com
Website http://www.southaec.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)"