GreyStone Power Corporation . An Electric Membership Corporation
 

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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