| Implementing Sector | Utility |
|---|---|
| Category | Financial Incentive |
| State | North Carolina |
| Incentive Type | Loan Program |
| Web Site | https://www.lumbeeriver.com/energy-efficient-loans |
| Administrator | Lumbee River Electric Membership Corporation |
| Utilities | Lumbee River Elec Member Corp |
| Eligible Renewable/Other Technologies | Solar Water Heat, Geothermal Heat Pumps |
| Eligible Efficiency Technologies | Water Heaters, Furnaces, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Doors |
| Applicable Sectors | Residential, Multifamily Residential |
| Maximum Loan | Loan Amount: $35,000 ($5,000 max. for mobile homes) |
| Loan Term | Contact ElecTel Coop. for more details, low fixed rates offered. |
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:
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.
