North Carolina

Information provided the Database of State Incentives for Renewables and Efficiency (DSIRE)

Summary: North Carolina's Energy Improvement Loan Program (EILP) is available to businesses, local governments, public schools, community colleges, and nonprofit organizations for projects that include energy efficiency improvements and renewable energy systems. Loans with an interest rate of 1% are available for certain renewable-energy and energy-recycling projects. Loans with a rate of 3% are available for projects that demonstrate energy efficiency, energy cost savings or reduced energy demand. Energy conservation projects usually include improvements to HVAC systems, energy management controls, high efficiency lighting and building envelope improvements. Loans are secured by bank letter-of-credit (non-applicable for local governments and school systems). 

Links:

• NC State Energy Office: EILP Webpage
• For more information on financial incentives for energy efficiency in North Carolina, visit DSIRE

Last Updated 06/22/2009

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