Walton EMC - HomePlus Loan Program

July 06, 2022

Summary

Walton Electric Membership Corporation (EMC) is an electric cooperative that serves 100,000 customers in ten northeastern Georgia counties.

Walton EMC has partnered with GEMC Federal Credit Union to offer the HomePlus Loan to make energy efficiency upgrades more affordable for residential customers. Customers with good utility payment record, credit application, credit report and property title can receive prime rate financing for the installation of weatherization measures.

Visit the program website for more information.

 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Georgia
Incentive Type: Loan Program
Web Site: https://www.waltonemc.com/index.php/home/homeplus/
Administrator: Walton Electric Membership Corporation
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Water Heaters
  • Heat pumps
  • Air conditioners
  • Windows
  • Roofs
Maximum Loan: $25,000
Loan Term: $500-$3,000: 36 months
$3,001-$7,500: 36-60 months
$7,501-$25,000: 61-96 months
Interest Rate: The interest rate for all loans is 7.9 annual percentage rate. This rate has been discounted by one percent for payment by automated bank draft.

Contact

Name: Customer Care Representative
Address:
GA
Phone: (770) 267-2505

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.