| Implementing Sector | Utility |
|---|---|
| Category | Financial Incentive |
| State | North Carolina |
| Incentive Type | Loan Program |
| Web Site | https://www.haywoodemc.com/heat-pumpweatherization-loan |
| Administrator | Haywood EMC |
| Utilities | Haywood Electric Member Corp |
| Eligible Renewable/Other Technologies | Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Municipal Solid Waste, Solar Pool Heating |
| Eligible Efficiency Technologies | Water Heaters, Heat pumps, Caulking/Weather-stripping, Building Insulation, Windows, Doors |
| Applicable Sectors | Residential |
| Maximum Loan | Contact ElecTel CCU for more information. |
| Loan Term | Contact ElecTel CCU for more information. |
| Interest Rate | Contact ElecTel CCU for more information. |
The solar incentive program offered by Haywood EMC enables its members to finance up to 100% of the total cost for heat pump installations or weatherization improvements. This financial support aims to encourage the adoption of solar energy and energy efficiency measures among its residential customers. To facilitate this, Haywood EMC has partnered with ElecTel Cooperative Federal Credit Union, offering an attractive option for members to invest in sustainable home improvements without the upfront financial burden. Interested members must undergo an approved credit check to qualify for the loan, ensuring that financial assistance is provided responsibly and to those who meet the credit union’s lending criteria. By providing such financial incentives, Haywood EMC supports the broader adoption of renewable energy technologies and energy-saving measures, contributing to environmental sustainability and potentially leading to long-term cost savings for its members. For detailed information regarding the loan terms, interest rates, and application process, members are encouraged to directly contact ElecTel CCU at 800-849-5600, where they can receive personalized assistance and guidance on how to proceed with their application. This initiative not only promotes the use of clean energy but also aligns with broader efforts to improve energy efficiency and reduce carbon footprints at the community level.
