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Haywood EMC - Residential Heat Pump and Weatherization Loan Program

Last Review: 2012-04-16
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation
Applicable Sectors: Residential
Terms: Rate: 5%
Repayment: up to 60 months
Incentive Amount: 100% of the total cost for heat pump or weatherization measures
Website: http://www.haywoodemc.com/pages/heatpumploan.htm

Summary:

Haywood EMC offers a low interest loan to residential customers to finance the purchase of an energy efficient heat pump and certain weatherization measures. The current interest rate is 5% and the loan has a maximum payback time of 60 months. In order to apply for the loan, customers must submit an application, an approved credit check, a copy of land deed, a quote from a licensed HVAC contractor with a "load calculation" report, and a processing fee of $150. The heat pump must be 15 SEER of higher and Energy Star certified to be eligible for this loan program.


Contact:
Customer Service
Haywood EMC
376 Grindstone Road

Waynesville, NC 28785
Phone:(828) 452-2281 Ext.
Phone 2:(800) 951-6088
Email:
Web site: http://www.haywoodemc.com/

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