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South Alabama Electric Cooperative - Residential Energy Efficiency Loan Program

Last Review: 2013-01-14
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Building Insulation, Windows, Doors, Geothermal Heat Pumps
Applicable Sectors: Residential
Terms: Rate: 5%
Repayment Period: 48 months - 60 months
Incentive Amount: Air-Source Heat Pump Loan: up to 5,000
Geothermal Heat Pump Loan: up to 12,000
Website: https://www.southaec.com/content.cfm?id=2014


South Alabama Electric Cooperative (SAEC) is a part owner of Alabama Electric Cooperative which has a generation facility in Andalusia, Alabama. The Energy Resources Conservation Loan (ERC) helps members of the cooperative cover the cost of labor and materials for energy conservation measures on existing structures. Loans will only be made to members who have good credit ratings and also own the structures to be weatherized. ERC loans may be provided to finance the cost of labor and materials for items such as insulation, storm or thermal windows, storm or thermal doors and high efficiency heat pumps. Contact SAEC for more information or view the program web site listed above.

Chellie Phillips
South Alabama Electric Cooperative
P.O. Box 449

Troy, AL 36081
Phone:(800) 556-2060 Ext.
Phone 2:(334) 566-8060
Email: chelliep@southaec.com
Web site: http://www.southaec.com


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