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Washington

Washington

Incentives/Policies for Renewables & Efficiency

Printable Version
Port Angeles Public Works & Utilities - Solar Energy Loan Program   

Last DSIRE Review: 09/07/2012
Program Overview:
State: Washington
Incentive Type: Utility Loan Program
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics, Geothermal Heat Pumps
Applicable Sectors: Commercial, Residential
Amount:Not specified
Maximum Incentive:Not specified
Terms:Rate: 2.5% above the one year LIBOR (London Interbank Offered Rate)
Repayment: up to 240 months
Web Site: https://www.cityofpa.us/pwConserv.htm#EHome
Summary:

The City of Port Angeles Public Works & Utilities offers a low-interest loan to its residential and commercial customers for certain renewable energy projects. The loan is available for installation of solar water heating and photovoltaic systems. All improvements must be approved by the City in advance of any work performed. All improvements must meet the City’s Material & Installation Specifications. The interest rate for this loan is 2.5% above the one year London Interbank Offered Rate (LIBOR) and is subject to change without notice. The City guarantees the loan in exchange for the low interest rate through an agreement with a local lender. Fees are negotiated by the lender on a case-by-case basis. You must have the approval of the City of Port Angeles and the approved lender prior to beginning the project.


 
Contact:
  Bob Kajfasz
Port Angeles Public Works and Utilities
PO Box 1150
Port Angeles, WA 98362
Phone: (360) 417-4718
E-Mail: rkajfasz@cityofpa.us
Web Site: http://www.cityofpa.us/
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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.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.