Piedmont EMC - Residential Solar Loan Program (North Carolina)

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Last modified on December 17, 2014.

Financial Incentive Program

Place North Carolina

Name Piedmont EMC - Residential Solar Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Solar Water Heat, Photovoltaics
Active Incentive Yes
Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount Up to 10,000

Terms 5% for 7 years
Program Administrator Piedmont EMC
Website http://www.pemc.coop/energySavings/energyEfficiencyLoanProgram.aspx

References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


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. In addition to solar equipment, residents may also use this program to finance the installation of certain energy efficiency improvements. Piedmont EMC also offers rebates for residential solar water heating systems.

Incentive Contact

Contact Name Customer Service
Department Piedmont Electric Membership Corporation
Address Post Office Drawer 1179
Place Hillsborough, North Carolina
Zip/Postal Code 27278-1179
Phone (919) 732-2123
Phone 2 (800) 222-3107
Email PEMC.info@pemc.coop
Website http://www.pemc.coop/

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


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