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Lumbee River EMC - Residential Weatherization Loan Program

Eligibility 
Residential
Savings Category 
Geothermal Heat Pumps
Water Heaters
Furnaces
Heat Pumps
Air conditioners
Duct/Air sealing
Building Insulation
Windows
Doors
Program Info
Sector Name 
Utility
Administrator 
Lumbee River Electric Membership Corporation
State 
North Carolina
Program Type 
Loan Program
Summary 

Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help residential members increase the energy efficiency of homes. Loans up to $17,000 are available for the purchase and installation of:

  • thermal windows and doors
  • attic ventilation fans
  • water heaters
  • foundation vents
  • insulation and or mastic sealing of duct work
  • heat pumps
  • gas packs
  • insulation of ceilings, walls, floors, storm doors and windows
  • geothermal heat pumps

Loans of $2,000 or less will be secured as signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. To qualify for a loan, the property on which the improvements are to be made must be titled in the customer's name and be receiving service from LREMC. The applicant must have a good credit rating as determined by the cooperative, and meet other qualifications. The structure on which the improvements are to be made must be at least five years old.