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Union Power Cooperative - Residential Energy Efficient Heat Pump Loan Program

Eligibility 
Residential
Savings Category 
Heat Pumps
Program Info
Sector Name 
Utility
Administrator 
Union Power Cooperative
State 
North Carolina
Program Type 
Loan Program
Summary 

Union Power Cooperative offers low interest loans to help its qualifying residential customers finance new, energy-efficient heat pumps. Interest rates, currently at 9%, will be fixed for the term of the loan. Loans can be up to $7,500 over five years. Customers pay back the loan with payments on monthly electric bills. There is a one time loan filing fee of $42.  Contact Union Power Cooperative for more information regarding this program.