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Energy Resource Conservation Loans
GreyStone’s makes it easier for members to invest in energy-efficient home improvements through its Energy Resource Conservation (ERC) Loan program. Low-interest loans are available up to $5,000 ($3,000 limit for thermal envelope improvements and $5,000 limit for HVAC equipment); amortized for a maximum of five years at 8% interest for qualified members. Applicants must be a GreyStone residential member homeowner with good payment history and strong creditworthiness.
ERC Loans can be used for
- Heating and air equipment
- Attic or floor insulation
- Replacement or storm windows
- Replacement doors
- New water heaters (including solar water heaters)
ERC Loan guidelines
- Loans up to $1,500 are non-secured signature loans
- Loans that are $1,501 to $5,000 are secured via property lien
- GreyStone provides a referral list of pre-approved contractors
- Loan may be paid off early without a pre-payment penalty
- A free energy audit will be performed by GreyStone prior to authorization of work to be financed
Click here to print an online ERC loan application for credit, or call 770-370-2252 for more information.
Please mail your complete application to GreyStone Power Corporation, Energy Resource Conservation Loans Program, P.O. Box 897, Douglasville, GA 30133.
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