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Last Updated June 10, 2022

Program Overview

Category:

Financial Incentive

State:

North Carolina

Incentive Type:

Loan Program

Administrator:

Piedmont EMC

Start Date:

N/A

Expiration Date:

N/A

Web Site:

https://pemc.coop/save-energy-money/use-less-save-more/rebates-loans/

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

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.