Program | Lumbee River EMC - Solar Water Heating Loan Program |
---|---|
Category | Financial Incentive |
Implementing sector | Utility |
Last Update | |
State | North Carolina |
Administrator | Lumbee River EMC |
Website | http://www.lumbeeriver.com/content/weatherization-loans |
Technologies | Solar Water Heat |
Sectors | Residential |
Lumbee River EMC is offering 6% loans to residential customers for the installation of solar water heaters on their homes. To qualify, the systems must be certified OG-300 by the Solar Ratings and Certification Council (SRCC) and installed by a program-approved contractor or an installer certified by the North American Board of Certified Energy Practitioners (NABCEP). Loans of $2,000 or less will be secured as a signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property.