Cape & Islands Self-Reliance Corporation provides low-interest loans for energy-related home improvements (including solar water heater and photovoltaic installations) under its Home Energy Loan Program. The financing is available in cooperation with Cape Cod Bank & Trust. Self-Reliance uses funds generated by its member-benefit programs to underwrite loans for energy-related home improvements for its members. The fixed interest rate for HELP loans is based on the 90-day U.S. Treasury Bill rate plus 2%. Requirements for participation are: - membership in Self-Reliance; - the home must be occupied year-round; - annual applicant income must not exceed $80,000; and - applicant must meet credit approval standards at CCB&T.
| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Massachusetts |
| Incentive Type: | Loan Program |
| Web Site: | http://www.reliance.org |
| Administrator: | Cape & Islands Self-Reliance |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Name: | Megan Amsler |
| Organization: | Cape & Islands Self-Reliance |
| Address: |
P.O. Box 3203 Waquoit MA 02536-3203 |
| Phone: | (508) 457-7679 |
| Email: | reliance@reliance.org |
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.
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