Solar & Battery Regulation & Incentive Programs

Four-County EMC - Residential Energy Efficiency Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
North Carolina
Eligible Storage Technologies:
Heat pumps, Air conditioners
Website:
http://www.fourcty.org/index.php?p=4&s=29
Maximum Loan:
$6,500
Loan Term:
60 months, minimum $25.00 monthly payment
Interest Rate:
14 SEER - 6%
15 SEER - 5%
16 SEER or greater - 4%
Administrator:
Four County EMC
Applicable Sectors:
Residential
Utility:
Four County Elec Member Corp
Last Updated:
05/02/2019

Eligibility Criteria

EligibilitySectorsTechnologies
max $6500.0000
Residential
Heat pumps
Air conditioners

Summary

Four-County EMC offers the Comfort Loan Program to residential customers. This program offers financing for insulation upgrades and the replacement of an existing heating/cooling system with an electric energy-efficient heat pump or air conditioning unit. The utility also offers a rebate of $100 per ton for any heat pump units with 16 or greater SEER, which is new construction or retrofits. Energy improvements can be installed by the home owner.