Last Updated February 6, 2024
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
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
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.