Blue Ridge Electric Cooperative - Heat Pump Loan Program
Administered by: Blue Ridge Electric Cooperative
Quick Summary
Blue Ridge Electric Cooperative members can finance energy-efficient heat pumps with a low interest rate of 8 percent, with loans of at least $1,000 financed over 42 months (if under $1,500) or up to 60 months (if $1,500 or more) and payments included on your monthly bill. Your heat pump must have a SEER rating of 15 or higher for houses or 14 for mobile homes, and you must own your home to qualify. Contact BREC at 800-240-3400 or visit their office to apply.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 2101
- Last Updated
- 5/14/2024
Eligibility
Program Summary
Blue Ridge Electric Cooperative (BREC) offers low interest loans to help members finance the purchase of energy efficient heat pumps. Loans under $1,500 can be financed for up to 42 months, and loans above $1,500 can be financed for up to 60 months for houses. Loans must be at least $1,000. Qualifying heat pump must have a SEER Rating of 15 or higher for houses and 14 for mobile homes. In order to qualify for the rebate, the customer must own their home or property. Contact BREC for more information on this program.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.