South River EMC offers financing to its residential customers to help pay for energy efficiency improvements in their homes through their EC Home Improvement Loan Program. Loans between $1,000 and $25,000 can be awarded for HVAC improvements, as well as insulation, and storm windows and doors. The loans are financed by EnerBank USA and the interest rates vary from 7.56% to 17.71%, dependent on the credit history of the customer and the amount being financed. All work must be completed by a South River EMC-approved contractor.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | North Carolina |
| Incentive Type: | Loan Program |
| Web Site: | http://www.sremc.com/loans.aspx |
| Administrator: | South River EMC |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Name: | Catherine O'Dell |
| Organization: | South River EMC |
| Address: |
PO Box 931 Dunn NC 28335 |
| Phone: | (910) 892-8071 |
| Email: | sremc@sremc.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.
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