Piedmont EMC - Residential Energy Efficiency Loan Program

July 16, 2018

Summary

Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible consumers to finance the purchase and installation of energy efficient residential upgrades. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Loans are available for central air conditioning, heat pumps, windows, doors and insulation.  In addition to energy efficient measures and equipment, residents may also use this program to finance the installation of photovoltaic (PV) systems and solar water heaters. Piedmont EMC also offers rebates for residential solar water heating systems.  Contact PEMC for further information about these programs.

 

 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: North Carolina
Incentive Type: Loan Program
Web Site: http://www.pemc.coop/energySavings/energyEfficiencyLoanProgram.aspx
Administrator: Piedmont EMC
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
  • Heat pumps
  • Air conditioners
  • Building Insulation
  • Windows
  • Doors
Maximum Loan: $10,000
Loan Term: 7 years
Interest Rate: 5%

Contact

Name: Piedmont EMC Customer Service
Organization: Piedmont Electric Membership Corporation
Address: Post Office Drawer 1179
Hillsborough NC 27278-1179
Phone: (800) 222-3107
Email: info@pemc.coop

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.