The Town of Carrboro is providing loans to Carrboro businesses and non-profits with fewer than 50 employees to increase their energy efficiency. The current interest rate is 3% and the maximum loan term is 10 years. The minimum loan amount is $1500. Loan applicants must give the town their previous 12 utility bills, and must agree to continue submitting their utility bills for 3 years after the work is complete so the town can measure the performance of the retrofits and the success of their program.

A wide variety of efficiency improvements are eligible for financing through this program. Participants

The Oklahoma Gas and Electric (OG&E) Home Energy Efficiency Program provides financial incentives to encourage OG&E customers to pursue energy efficiency home improvements. Visit the program website
for more information and to apply.

NYSERDA offers a suite of loans under the Green Jobs-Green New York (GJGNY) Program to help New York State residents finance energy efficiency improvements, and renewable energy systems. Eligible projects include the purchase and installation of solar photovoltaic systems, ground source heat pumps, air source heat pumps, and energy efficiency improvements. Prior to accessing a NYSERDA loan, homeowners must have an energy assessment or audit that identifies energy services to be undertaken.
Homeowners could be eligible for up to $25,000 in loans for energy efficiency improvements or renewable energy installation at one-to-four family residential properties. Interest rates, repayment terms, and

Residential customers of Taunton Municipal Lighting Plant (TMLP) are eligible for rebates on energy-efficient appliances. All equipment must be Energy Star certified to qualify. This offer is limited and subject to the availability of funding. View the rebate brochure for more information on procedures and equipment. Customers should send rebate forms to the address provided on the program website. Contact TMLP for more information on this offering.

 

Santee Cooper provides rebates to residential and multi-family residential customers. Rebates require that recipients live in a single-family, all electric home. Existing Home incentives are determined by specified standards and must be verified with Santee Cooper. Santee Cooper also provides financing for energy efficient improvements to existing homes. Contact Santee Cooper for more information on this program.

The Massachusetts Clean Energy Center directs customers to apply for various state and federal incentives for solar water heating. 
Alternative Energy Certificates (AECs)

This program offers a one-time payment to homeowners installing solar hot water. A two-collector system could receive approximately 100 AECs totaling $400-$1,000.

Municipal Light Plant (MLP)

If you live in a town served by a Municipal Light Plant (MLP) check your MLP’s website for incentives and rebates.

Mass State Tax Credits

15% of the system cost as a state tax credit, up to $1,000

Federal Tax Credits

The 30% federal residential clean energy credit (IRC Section

Assembly Bill 117, passed in 2002, allows communities in California to aggregate their load and to procure electricity from their own preferred sources. Under the authority of this law, California’s first community choice aggregator, Marin Clean Energy (MCE), was launched in May of 2010. The Marin Energy Authority comprises each city and town in Marin as well as the communities of Belvedere, Fairfax, Mill Valley, San Anselmo, San Rafael, Sausalito, Tiburon, and the County of Marin. The original legislation mandated that the customers of each supporting community would automatically be enrolled in Marin Clean Energy unless they chose not to

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.  In addition to energy efficient measures and equipment, residents may also use this program to finance the installation of photovoltaic (PV) systems and solar water heaters. Piedmont EMC also offers rebates for residential solar water heating systems.  Contact PEMC for further information

Piedmont Electric Membership Corporation's (PEMC) Energy Efficiency and Renewable Energy Loan Program is available to eligible Piedmont Electric members to finance the purchase and installation of an energy efficient electric heat pump, replacement of poorly insulated doors and windows, and/or additional insulation in their home at low interest rates. The loan is also available for solar water heaters, solar panels and central A/C systems. Approved consumers may borrow up to $30,000 for ten years at market interest rates.

Contact PEMC for further information about this program. In addition to solar equipment, residents may also use this program to finance the

Connecticut enacted legislation in May 2010 (H.B. 5435) that established a sales and use tax exemption for equipment, machinery and fuels used to manufacture solar thermal (active or passive) systems, solar electric systems, wind-power electric systems, or geothermal resource systems.