Solar & Battery Regulation & Incentive Programs

South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Alabama
Eligible Storage Technologies:
Geothermal Heat Pumps, Heat pumps, Building Insulation, Windows, Doors
Website:
https://www.southaec.com/erc-loan-programs
Maximum Loan:
See program website.
Loan Term:
See program website
Administrator:
South Alabama Electric Cooperative
Applicable Sectors:
Residential
Utility:
South Alabama Elec Coop, Inc
Last Updated:
07/31/2020

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.