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Lumbee River EMC - Residential Weatherization Loan Program

Last Review: 2012-04-16
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Equipment Insulation, Water Heaters, Heat pumps, Duct/Air sealing, Building Insulation, Windows
Applicable Sectors: Residential
Terms: Rate: unspecified
Repayment: not specified
Website: http://www.lumbeeriver.com/energy_services/weatherization_loan.aspx


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:

  • 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.

Misha Melvin
Lumbee River Electric Membership Corporation
PO Box 830

Red Springs, NC 28377
Phone:(910) 843-7911 Ext.
Phone 2:(910) 843-4131
Email: misha.melvin@lumbeeriver.com
Web site: http://www.lumbeeriver.com


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