The NC Clean Energy Fund’s mission is to fill gaps in North Carolina’s clean energy financial ecosystem through the development of affordable, equitable, and accessible financing solutions. We do this through state and local partnerships that match creative solutions to community needs. We are proud to have worked with partners to launch North Carolina’s first electrification program aimed at providing accessible financing solutions for the transition to all electric heating and cooling in homes. This program also provides financing for energy efficiency upgrades like air sealing and insulation.
Electrify Asheville-Buncombe County (Electrify ABC) is a pilot program brought to you by a public-private coalition comprised of the City of Asheville, Buncombe County, the North Carolina Clean Energy Fund, Self-Help Credit Union, Blue Horizons Project and Let’s Go Electric. The program encourages local residents to embrace electrification by replacing fossil fueled appliances with electric alternatives that will foster healthier and more comfortable living environments.
The Electrify ABC website – a marketplace developed by Let’s Go Electric – offers households a list of electric heat pumps and energy efficiency projects for homes, as well as a list of approved contractors. This marketplace helps remove barriers and expands the capacity of communities to meet clean energy and equity goals through offering various tools and educational programming.
Electrify ABC also connects Asheville and Buncombe County homeowners with information about the available financial incentives such as tax credits, rebates and affordable loan programs. The NC Clean Energy Fund and Self-Help Credit Union have partnered to provide a loan package that is accessible for households with low and limited credit, at a lower interest rate than most other loan programs or credit cards.
The NC Clean Energy Fund is working to expand this program into other communities throughout the state in partnership with other local governments. A special thanks to the Wells Fargo Foundation for their generous support of our work on Electrify ABC. Through education, trustworthy financing, and community support, Electrify ABC has proven that the realization of sustainable and equitable clean energy for all is closer than ever.
Find out more about the financing available through Electrify Asheville Buncombe here: Financing Information – Let’s Go Electric (letsgoelectric.com)