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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
Website 
http://www.union-power.com/mainNav/myHome/heatPumpFinancing.aspx
State 
North Carolina
Program Type 
Loan Program
Rebate Amount 

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.