For HOMEOWNERS ♦ BUSINESSES ♦ CHURCHES
►►► ENERGY EFFICIENCY LOANS TO HELP LOWER YOUR BILL !
Since 1989, BEMC has been making low interest (5%) loans to members to help them make energy efficiency improvements to their existing homes and save on their energy costs.
First, you need to decide what project would make a difference in your energy use. Get started by visiting the TogetherWeSave website. This will show your potential energy savings for a variety of projects.
Projects eligible for a low interest loan from BEMC include:
- new heat pump - minimum 15 SEER rating
- new water heater - solar or electric
- replacement windows
- insulation - ceiling, wall, floor, ducts
- duct repairs or replacement
How much money can you borrow for your project?
BEMC makes loans for up to $6,000 for weatherization projects. Payments are generally spread over five years and are billed with your monthly energy bill. You may pay off the loan sooner without penalty. Best of all, the energy savings often cover the loan payment . . . and the savings continue for years after!
Under our Commercial Loan Program, which includes loans for renewable energy projects, members can borrow up to $10,000.
Who can qualify for a Weatherization Loan?
Loans are available to any member of Brunswick EMC who owns an existing home served by the cooperative and who receives a monthly electric bill.
Applicants must have had service with BEMC for at least two years and have a good credit history established with us.