South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program

July 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.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Alabama
Incentive Type: Loan Program
Web Site: https://www.southaec.com/erc-loan-programs
Administrator: South Alabama Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies: Geothermal Heat Pumps,Heat pumps,Building Insulation,Windows,Doors
Maximum Loan: See program website.
Loan Term: See program website

Contact

Name: Chellie Phillips
Organization: South Alabama Electric Cooperative
Address: P.O. Box 449
Troy AL 36081
Phone: (800) 556-2060
Email: chelliep@southaec.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.