Randolph EMC - ElecTel Energy Efficiency Loan Program
Randolph Electric Member Corp residential energy efficiency rebate program
program summary
As a member of the Randolph Electric Membership Corporation (Randolph EMC), residential customers are eligible for low-interest loans on energy efficiency improvement projects if they join the ElecTel Cooperative Federal Credit Union. Membership may cost as low as $1. Projects available for financing include but aren't limited to:
- Efficient windows/doors
- Electric heat pumps
- Furnaces
- Air conditioners
- Generators
- Solar projects
- Water heaters
- Insulation
- EnergyStar appliances
Fixed rates are as low as 4.9%, with up to 100% financing of the purchase price. Payment terms are flexible with a maximum loan of $35,000 ($5,000 if a mobile home). See program site for details.
eligible technologies
Air conditioners, Building Insulation, Clothes Washers, Dishwasher, Doors, Furnaces, Heat pumps, Solar Photovoltaics, Water Heaters, Windows
program administrator
Randolph Electric Membership Corporation
program notes
- 2025-07-28 16:02:49
- Annual review, program details are up to date.
- 2023-08-04 20:06:51
- Annual review, no changes
- 2022-06-06 15:17:32
- Created incentive loan program for Randolph EMC customers.