Florida Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 07/12/2012
Program Overview:
| State: |
Florida |
| Incentive Type: |
Utility Loan Program |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Photovoltaics, Solar Pool Heating |
| Applicable Sectors: |
Residential |
| Amount: | Solar PV: up to $20,000
Other Measures: up to $10,000 |
| Maximum Incentive: | Solar PV: $20,000
Other Measures: $10,000 |
| Terms: | Rate: 5%
Repayment: up to 5 years for general measures; 10 years for PV
Minimum loan amount: $500
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| Web Site: |
http://www.talgov.com/you/products/home/loans.cfm
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Summary:
The City of Tallahassee Utilities offers loans with an interest rate of 5% for a variety of energy-saving measures, including photovoltaic (PV) systems and solar water-heating systems. Under this program, customers may borrow up to $20,000 for PV systems and $10,000 for solar water-heating systems (including pool heating). Loan payments are to be made on monthly utility bills. Customers must first get a vendor price or a contractor's proposal and send it to the utility Energy Services. A city energy audit is required for all solar technology installations. Installation work should not begin until after a signed Loan Promissory Note has been received.
Solar water heating systems must be Florida Solar Energy Center (FSEC) certified indirect or drain-back systems. Loans will not be awarded if the system is replacing a natural gas water heater. PV systems must also be FSEC certified. An energy audit is required for all solar measures.
For detailed information on the loan process, see the loan handbook or call the utility's energy services department at (850) 891-4968.
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Contact:
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Information- City of Tallahassee
City of Tallahassee Utilities
300 South Adams St. B32
Tallahassee, FL 32301
Phone: (850) 891-4968
Web Site: http://www.talgov.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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