North CarolinaLoan Program
Randolph EMC - ElecTel Energy Efficiency Loan Program
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Quick facts
- Incentive type
- Loan Program
- Administrator
- Randolph Electric Membership Corporation
- Applies to
- Utility
Dates
- Source last updated
- July 28, 2025
About this incentive
As a member of the Randolph Electric Membership Corporation (Randolph EMC), residential customers are eligible for low-interest loans on energy efficiency improvement projects if they join the ElecTel Cooperative Federal Credit Union. Membership may cost as low as $1. Projects available for financing include but aren't limited to: Efficient windows/doors Electric heat pumps Furnaces Air conditioners Generators Solar projects Water heaters Insulation EnergyStar appliances Fixed rates are as low as 4.9%, with up to 100% financing of the purchase price. Payment terms are flexible with a maximum loan of $35,000 ($5,000 if a mobile home). See program site for details.
Data updated . Always confirm details on the official program website before applying. Programs change frequently.