Spring is a good time of year for home improvements to increase energy efficiency; the weather is generally mild, contractors may be more available, and summer heat is still a few months away. Whether it’s a DIY project or one that requires a licensed professional, we can help with the funding. BEMC provides 5% interest loans to qualified members so they can make energy-saving improvements to their existing homes. You can apply for a loan up to $6,000 for residential projects and up to $10,000 for commercial projects. Terms can be as long as 60 months, and payments are included with your monthly electric bill.
Togetherwesave.com has a list of energy efficiency ideas for you to consider. Eligible projects include new heat pumps with a minimum 15 SEER rating, new electric or solar water heaters, ENERGY STAR replacement windows and doors, insulation of all types, and duct repair or replacement.
If you own your home served by the cooperative, receive a monthly electric bill and have two years of service with a good payment history, the loan process is simple.
- Choose a contractor (must be licensed for heat pump installation)
- Obtain cost estimates
- Complete an application at any BEMC office or at bemc.org
You will be notified of the status of your application within 24 hours. We want to make it as easy as possible for you to be as energy efficient as possible. As always, call (800) 842-5871 to speak with one of our energy experts about any questions you may have.
Make energy-saving improvements a reality
Since 1989, BEMC has been providing low interest (5%) weatherization loans to qualified members to help them make energy efficiency improvements to their existing homes and save on their energy costs.