Piedmont Electric Membership Corporation is offering a $500 rebate to its residential members who install solar water heaters on their homes. The utility recommends but does not require the system to be certified by the Solar Rating and Certification Corporation (SRCC)* and installed by a North American Board of Certified Energy Practitioners (NABCEP) installer.
Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible consumers to finance the purchase and installation of photovoltaic (PV) and solar water heating systems. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Contact PEMC for further information about this program.
Piedmont Electric Membership Corporation (PEMC) offers a financial incentive for residential members to install energy efficient heat pumps and compact fluorescent lighting in eligible homes. Rebates are available to PEMC members who install an electric heat pump with a SEER of 15 or higher and have a completely electric home. The rebate equals $50 per ton, up to four tons per system. Customers who replace incandescent lighting with compact fluorescent (CFL) bulbs are eligible for a credit of $0.50 per bulb on their power bill. Customers can receive credits for up to 30 CFL bulbs.
Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible consumers to finance the purchase and installation of energy efficient residential upgrades. Approved consumers may borrow up to $10,000 for seven years at a five percent interest rate. Loans are available for central air conditioning, heat pumps, windows, doors and insulation.
Piedmont Electric Membership Corporation (PEMC) offers an incentive to its residential customers for residing in an energy efficient home. To qualify, the home must meet the standards of the US Environmental Protection Agency's Energy Star-labeled home program and be verified by a registered third party. Eligible houses will receive a discount on monthly electric bills from PEMC. Contact PEMC for more information on this program or view the program web site.
This discounted rate is available to commercial customers whose building meets the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certification or equivalent. To qualify, the customer must be on the Rate 125. Qualifying customers pay $.05 per therm less than otherwise applicable Rate 125. For buildings that use equivalent means to qualify, a registered professional engineer’s statement must be provided that states that the building uses no more energy, on a per square foot basis, than a LEED certified building.
PSNC offers rebates to customers who purchase energy-efficient natural gas water heaters or natural gas furnaces. The rebate is available only when existing natural gas-fired water heating or heating equipment is replaced with more energy-efficient natural gas-fired equipment. To qualify, replacement equipment must be purchased after March 20, 2009, and must meet specified efficiency requirements. Customers must complete the "rebate application form" on the program web site and provide an itemized receipt within 90 days of purchase.
The One North Carolina Fund, directed by the Commerce Finance Center, helps recruit and expand jobs in high-value industries deemed vital to the state. State appropriations replenish the Fund and local governments must provide a match to the company, either in cash, services, or in-kind contributions. Companies seeking to expand or relocate to the state can receive grant funding for the purchase or installation of equipment, facility repairs, or construction or improvements to infrastructure such as transmission lines.
Language in the North Carolina Renewable Energy and Energy Efficiency Portfolio Standard allows a utility to have incurred costs reviewed by the North Carolina Utilities Commission (NCUC) periodically and added to the rate base in a general rate case even if that facility is not yet complete. This language targets the construction of nuclear plants by establishing the NCUC’s ability to review and find prudent the activities associated with developing a nuclear plant, but not any specific costs of development.
The North Carolina Capital Access Program provides matching reserve funds for business loans that are beyond the traditional lending means of a lender’s usual standards. The average CAP loan is $100,000 and is deposited into a reserve account held by the lender to offset losses in the case of a default.