Mecklenburg Electric Cooperative and Craig-Botetourt Electric Cooperative customers, Virginia · Loan
ElecTel Energy Efficient Loan (Mecklenburg and Craig-Botetourt Electric Cooperatives)
Run by ElecTel Cooperative Federal Credit Union (promoted by Mecklenburg Electric Cooperative and Craig-Botetourt Electric Cooperative)
Fixed-rate loans of up to $30,000, covering up to 100% of the cost, for heat pumps, insulation, windows, doors, electric or solar water heaters and other ENERGY STAR upgrades, offered through ElecTel credit union to co-op members who own their homes.
Amounts
How much you get
Loan up to $30,000, financing up to 100% of the purchase price including taxes and installation, at low fixed rates with flexible terms. Rates aren't published on the page.
Eligibility
Do I qualify?
You need to meet all 3 of these.
Member of Mecklenburg Electric Cooperative or Craig-Botetourt Electric Cooperative (both co-ops point members to this loan).
Primarily for residential property owners (single-family homes, duplexes, owner-occupied condominiums).
Credit union lending approval (credit terms not published).
Equipment
What equipment counts
Applying
How to apply
Follow these steps.
- Apply with ElecTel online, by phone at 800-849-5600, or at a branch.
Mecklenburg asks members to tell ElecTel they are a Member of MEC.
- Use the loan to pay for the upgrade.
Forms and instructionsWeatherization Assistance (Mecklenburg Electric Cooperative) · Energy Solutions (Craig-Botetourt Electric Cooperative)
Questions about applying800-849-5600
Stacking
Use it with
Your address
Next steps
Check that it covers your address. Then, if you want, ask for a contractor quote.
Is it available at your address?
Before anything else
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does ElecTel Energy Efficient Loan (Mecklenburg and Craig-Botetourt Electric Cooperatives) pay?
Up to $30,000 loan.
Do I need to be a Mecklenburg Electric Cooperative or Craig-Botetourt Electric Cooperative customer?
Yes. It’s only for homes in Mecklenburg Electric Cooperative and Craig-Botetourt Electric Cooperative customers, Virginia. See Do I qualify for the details.
Do renters qualify?
Primarily for residential property owners (single-family homes, duplexes, owner-occupied condominiums).
Is it still available?
Yes. It was open when we last checked, on October 20, 2026.
Plain words
Words used on this page
References
Sources
This page is built from these official pages, run by the program itself.
- Energy Efficient Loans
- Weatherization Assistance (Mecklenburg Electric Cooperative)
- Energy Solutions (Craig-Botetourt Electric Cooperative)
When one of these pages changes, we re-check this page against it.
Nearby
More in Virginia
All of Virginia
Exemption for solar facilities of 25 kW or less (Va. Code § 58.1-3661 A)
Amount varies
Statewide, a home or farm solar system of 25 kW DC or less, installed as Virginia's solar zoning law allows on residential or agricultural property, is wholly exempt from state and local taxes, including property tax on the equipment.
Checked Oct 20, 2026
All of Virginia
Sales Tax Paid on Certain Energy Efficient Equipment or Appliances (income tax deduction)
Amount varies
A Virginia income tax deduction for 20% of the sales tax you paid on certain ENERGY STAR appliances and high-efficiency heat pumps, water heaters, AC, boilers, furnaces and programmable thermostats, up to $500 a year ($1,000 joint).
Checked Oct 20, 2026
All of Virginia
Virginia Sales Tax Holiday (ENERGY STAR and WaterSense products)
Amount varies
For three days each August, Virginia drops sales tax on ENERGY STAR and WaterSense products priced $2,500 or less per item, bought for home use. 2026 ran August 7 to 9.
Checked Oct 20, 2026