Solar & Battery Regulation & Incentive Programs
Eligibility | Sectors | Technologies |
---|---|---|
$17000.0000 | Residential | Geothermal Heat Pumps |
$8000.0000 | Residential | Heat pumps |
$4000.0000 | Residential | Windows Doors |
$2000.0000 | Residential | Windows Doors |
$2000.0000 | Residential | Building Insulation |
$2000.0000 | Residential | Duct/Air sealing |
$500.0000 | Residential | Air conditioners |
$7000.0000 | Residential | Solar Water Heat |
$7000.0000 | Residential | Water Heaters Heat pumps |
$2000.0000 | Residential | Water Heaters |
$500.0000 | Residential | Water Heaters |
Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help residential members increase the energy efficiency of homes. Loans up to $17,000 are available for the purchase and installation of:
Loans of $2,000 or less will be secured as signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. To qualify for a loan, the property on which the improvements are to be made must be titled in the customer's name and be receiving service from LREMC. The applicant must have a good credit rating as determined by the cooperative, and meet other qualifications. The structure on which the improvements are to be made must be at least five years old.