|Incentive Type:||Utility Loan Program|
|Eligible Efficiency Technologies:||Equipment Insulation, Water Heaters, Heat pumps, Duct/Air sealing, Building Insulation, Windows|
Repayment: not specified
Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help residential members increase the energy efficiency of homes. Loans up to $10,000 are available for the purchase and installation of:
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.