Rebates

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.

Requirements 

The Commonwealth of the Northern Mariana Islands enacted its Renewables Portfolio Standard in September 2007, in which a certain percentage of its net electricity sales must come from renewable energy. The law was amended in 2014 to a lower target, as previous targets were not met. Under the law, the Commonwealth Utilities Corporation (CUC), the Islands' only and semi-autonomous public utility provider, must establish a renewable portfolio standard of:

• 20% of net electricity sales on or before December 31, 2016

Compliance 
There are stipulations within the law that allow for non-compliance if there is no "cost-effective" way to meet the

Note:  In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

In October 2008 Pennsylvania adopted Act 129 requiring PA Public Utility Commission (PUC) to establish energy efficiency and conservation program for the state’s investor owned utilities. The standard applies to utilities with at least 100,000 customers, which includes the following seven Electric Distribution Companies* (EDCs): PECO Energy, PPL Electric Utilities, West Penn Power, Pennsylvania Electric (Penelec), Metropolitan Edison (Met-Ed), and Duquesne Light. 

Electric Energy and Demand Reduction Standard

The Act 129 included an initial energy conservation and demand reduction targets until 2013. Beyond the initial 2013 targets, the act required the commission to evaluate cost effectiveness of the

Origin

Hawaii enacted legislation (HB 1464) in June 2009 that established an Energy Efficiency Portfolio Standard (EEPS). Hawaii's EEPS and Renewable Portfolio Standard (RPS) are related. Until January 1, 2015, energy efficiency was included in Hawaii's RPS. However, beginning in 2015, energy efficiency and displacement or offset technologies were no longer be eligible to fulfill Hawaii's RPS; these technologies became part of the separate EEPS. Displacement or offset technologies include solar water heating, seawater air conditioning district cooling systems, and solar air conditioning. Energy efficiency technologies defined by the RPS include heat pump water heating, ice storage, ratepayer-funded

NOTE: The incentive amounts for the program was updated effective July 17, 2015. Applications are being received until December 15, 2015 or, until the funds are exhausted. 

Eligibility

The New York State Energy Research and Development Authority (NYSERDA) offers incentives for the installation of solar water heating systems for residential, commercial, agricultural, governmental, and not-for-profit institutional customers of the state's major investor-owned utilities. The program is part of the Customer-Sited Tier (CST) of the state renewable portfolio standard (RPS).  The program is open to customers of investor owned utilities including: Central Hudson Gas & Electric, National Grid, Orange and

The Alabama Department of Economic and Community Affairs (ADECA) offers an energy efficiency and renewable energy participating loan program called AlabamaSAVES. The Program funds subordinated participating interests in qualified third-party loans used to finance energy projects at existing commercial, industrial and non-profit businesses in Alabama. The Participating Interest can be for 100% of the cost of the eligible project or 25% of the Participating Loan up to the cost of the eligible project, whichever is less.A variety of technologies are eligible; see the program technical guide for full details.

In order to apply, interested parties must first contact an AlabamaSAVES

Homeowners in Oklahoma City are eligible for energy efficiency loans up to $20,000, with 3% fixed interest. Residents must repay the loan within 60 months. To receive a loan, a resident must:

• Own and occupy a residential property within Oklahoma City
• Have not received other federal weatherization assistance (like Special Assistance for the Eligible, Home Exterior Maintenance Program, or Emergency Home Repair)
• Provide income verification, though there is no household income limit.

The loan program is administered through the city's Community Action Agency. Apply by calling the Agency at (405) 232-0199 x3206.