Lumbee River EMC - Solar Water Heating Loan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:North Carolina
Incentive Type:Loan Program
Web Site:http://www.lumbeeriver.com/content/weatherization-loans
Administrator:Lumbee River EMC
Eligible Renewable/Other Technologies:Solar Water Heat

Summary

Lumbee River EMC is offering 6% loans to residential customers for the installation of solar water heaters on their homes.  To qualify, the systems must be certified OG-300 by the Solar Ratings and Certification Council (SRCC) and installed by a program-approved contractor or an installer certified by the North American Board of Certified Energy Practitioners (NABCEP). Loans of $2,000 or less will be secured as a signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property.  

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