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Blue Ridge Electric Cooperative - Heat Pump Loan Program

Last Review: 2012-04-18
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Geothermal Heat Pumps
Applicable Sectors: Residential
Terms: Rate: 7.5%
Repayment: up to 60 months
Incentive Amount: 500 - 12,000
Website: http://www.blueridge.coop/services/heat_loan.html

Summary:

Blue Ridge Electric Cooperative (BREC) offers low interest loans to help members finance the purchase of energy efficient heat pumps. Loans under $1,500 can be financed for up to 42 months, and loans above $1,500 can be financed for up to 60 months for houses and 48 months for mobile homes. Homeowners planning to install one heat pump, electric or geothermal can borrow up to $7,500. Homeowners wishing to install two or more heat pumps or one geothermal heat pump can borrow up to $12,000. Mobile Home owners can borrow up to $5000. Qualifying heat pump must have a SEER Rating of 13 or higher. Contact BREC for more information on this program.


Contact:
Anderson Office
Blue Ridge Electric Cooperative
1212 North Fant Street

Anderson, SC 29622
Phone:(864) 878-6326 Ext.
Phone 2:(800) 240-3400
Email:
Web site: http://www.blueridge.coop/

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