You are here

Lumbee River EMC - Residential Weatherization Loan Program

Eligibility 
Residential
Savings Category 
Heat Pumps
Program Info
State 
North Carolina
Program Type 
Utility Loan Program
Rebate Amount 

up to 10,000

Provider 
Lumbee River Electric Membership Corporation

Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help its residential members increase the energy efficiency of their homes. Loans up to $10,000 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
* a heat pump
* a gas pack
* insulation of ceilings, walls, floors, storm doors and windows
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. The structure on which the improvements are to be made must be at least five years old.