Cullman Electric Cooperative - Energy Conservation Loan Program (Alabama)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Cullman Electric Cooperative - Energy Conservation Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Building Insulation, Heat pumps, Windows|
|Energy Category|| Energy Efficiency Incentive Programs
|Maximum Incentive|| Heat Pump Rate: not specified|
Energy Conservation Rate: $2,000
|Terms|| Heat Pump Rate: 8% |
Heat Pump Repayment: not specified
|Program Administrator||Cullman Electric Cooperative|
Cullman Electric Cooperative, a Touchstone Electric Cooperative, has two loan programs. One is the Energy Conservation Loan Program, which provides members a loan for insulation or storm windows. Maximum loan is $2,000, payable up to 60 months at a rate of 11%. A list of approved contractors is provided on the web site.
Cullman also helps finance electric heat pumps through the Heat Pump Loan Program. The current interest rate is 8% and monthly payments are billed through the electric bill. Contact Cullman for loan amounts. A $50 application/filing fee and a copy of property description are required. See the program web site listed above for other information regarding this program.
|Contact Name||Member Services|
|Department||Cullman Electric Cooperative|
|Address||PO Box 1168|
|Phone 2||(256) 737-3200|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.