Solar & Battery Regulation & Incentive Programs

Dixie Electric Cooperative - Residential Energy Efficiency Loan Program

Program Overview

Category:: Financial Incentive
Program Type:: Loan Program
Implementing Sector:: Utility
State:: Alabama
Eligible Storage Technologies:: Water Heaters, Heat pumps, Programmable Thermostats, Duct/Air sealing, Windows, Doors, Insulation
Website:: http://www.dixie.coop/content.cfm?id=2049&download_id=59#attached_content
Maximum Loan:: $5,000
Loan Term:: Repayment: up to 60 months
Interest Rate:: 5%
Administrator:: Dixie Electric Cooperative
Applicable Sectors:: Residential
Utility:: Dixie Electric Coop
Last Updated:: 07/23/2018

Summary

Dixie Electric Cooperative, a Touchstone Electric Cooperative, offers the Energy Resources Conservation (ERC) loan to residential customers pursue energy efficiency measures. The program allows a maximum loan of $5,000 at a 5% interest rate. Funds can be used for improvements, upgrades, gas to electric conversions, or installation of a heat pump system. The payments for the loan are added to the customers' monthly utility bill and can be spread over a maximum of 60 months. Customers may be subject to a credit review and approval. For more information view the web site listed above.