Lumbee River EMC - Residential Energy Efficiency Loan Program
Administered by: Lumbee River Electric Membership Corporation
Quick Summary
As an LREMC member, you can borrow up to $35,000 (or $5,000 for mobile homes) at fixed rates as low as 4.9% to finance energy efficiency upgrades including heat pumps, water heaters, windows, insulation, and solar projects, with flexible repayment terms and up to 100% financing of purchase and installation costs. You can join ElecTel Cooperative Federal Credit Union for as little as $1 and apply for loans entirely online or by phone through https://electel.org/apply/energy-efficient-loans/. LREMC provides a list of pre-screened contractors but you are not limited to it; just verify your contractor has general liability insurance and NC licensing.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 2122
- Last Updated
- 10/28/2025
Eligibility
Program Summary
Lumbee River Electric Membership Corporation (LREMC) offers low interest loans through the ElecTel Cooperative Federal Credit Union to help residential members increase the energy efficiency of homes. Loans up to $35,000 are available for the purchase and installation of:Efficient windows and doorsHeating and cooling units (heat pumps, gas packs, a/c units)GeneratorsSolar projectsWater heaters (electric, solar, gas)InsulationEnergy Star AppliancesWeatherization efforts For detailed program information, see ElecTel's website. Energy Efficient loans are primarily available to residential dwelling property owners only. This may include single family residences, duplexes, and owner-occupied condominiums.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.