Haywood EMC - Residential Heat Pump and Weatherization Loan Program

Program Haywood EMC - Residential Heat Pump and Weatherization Loan Program
Category Financial Incentive
Implementing sector Utility
Last Update
State North Carolina
Administrator Haywood EMC
Website https://www.haywoodemc.com/heat-pumpweatherization-loan
Technologies Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Solar Pool Heating
Sectors Residential

Haywood EMC offers a low interest loan to residential customers to finance the purchase of an energy efficient heat pump and certain weatherization measures. Within this program, Haywood EMC members may borrow up to $35,000 for improvements, including new windows and doors, electric heat pumps, furnaces, air conditioners, generators, solar projects, water heaters, insulation, and ENERGY STAR appliances. The program applies to residential property owners of single-family homes, duplexes, mobile homes, and owner-occupied condominiums. The current interest rate is 3.90% and the loan has a maximum payback time of 120 months. In order to apply for the loan, customers must submit an application online. 

Add new comment