Cape & Islands Self-Reliance Corporation - Home Energy Loan Program

February 15, 2002

Summary

Cape & Islands Self-Reliance Corporation provides low-interest loans for energy-related home improvements (including solar water heater and photovoltaic installations) under its Home Energy Loan Program. The financing is available in cooperation with Cape Cod Bank & Trust. Self-Reliance uses funds generated by its member-benefit programs to underwrite loans for energy-related home improvements for its members. The fixed interest rate for HELP loans is based on the 90-day U.S. Treasury Bill rate plus 2%. Requirements for participation are: - membership in Self-Reliance; - the home must be occupied year-round; - annual applicant income must not exceed $80,000; and - applicant must meet credit approval standards at CCB&T.

Program Overview

Implementing Sector: Local
Category: Financial Incentive
State: Massachusetts
Incentive Type: Loan Program
Web Site: http://www.reliance.org
Administrator: Cape & Islands Self-Reliance
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics

Contact

Name: Megan Amsler
Organization: Cape & Islands Self-Reliance
Address: P.O. Box 3203
Waquoit MA 02536-3203
Phone: (508) 457-7679
Email: reliance@reliance.org

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.