Piedmont EMC - Residential Solar and Energy Efficiency Loan Program

June 10, 2022


Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible Piedmont Electric members to finance the purchase and installation of an energy efficient electric heat pump, replacement of poorly insulated doors and windows, and/or additional insulation in their home at low interest rates. The loan is also available for solar water heaters, solar panels and central A/C systems. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate.

Contact PEMC for further information about this program. In addition to solar equipment, residents may also use this program to finance the installation of certain energy efficiency improvements. 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: North Carolina
Incentive Type: Loan Program
Web Site: https://pemc.coop/save-energy-money/use-less-save-more/rebates-loans/
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%


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.