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Last Updated June 14, 2022

Program Overview

Category:

Financial Incentive

State:

North Carolina

Incentive Type:

Loan Program

Administrator:

Lumbee River Electric Membership Corporation

Start Date:

N/A

Expiration Date:

N/A

Web Site:

Applicable Sectors:

Residential

Eligible Renewable/Other Technologies:

Geothermal Heat Pumps

Summary

Lumbee River Electric Membership Corporation (LREMC) offers low interest loans through the ElecTel Cooperative Federal Credit Union to help residential members increase the energy efficiency of homes. Loans up to $35,000 are available for the purchase and installation of:

  • Efficient windows and doors
  • Heating and cooling units (heat pumps, gas packs, a/c units)
  • Generators
  • Solar projects
  • Water heaters (electric, solar, gas)
  • Insulation
  • Energy Star Appliances
  • Weatherization efforts

    For detailed program information, see ElecTel's website here. Energy Efficient loans are primarily available to residential dwelling property owners only.  This may include single family residences, duplexes, and owner-occupied condominiums.