Washington Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 01/17/2013
Program Overview:
| State: |
Washington |
| Incentive Type: |
Utility Loan Program |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Photovoltaics |
| Applicable Sectors: |
Residential |
| Amount: | Solar Water Heater: up to $14,000
Solar PV: up to $25,000 |
| Maximum Incentive: | Solar Water Heater: $14,000
Solar PV: $25,000 |
| Terms: | Rate: 2.9%
Repayment: 10 years |
| Web Site: |
http://www.snopud.com/home/green/solarexpress.ashx?p=1207
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Summary:
In March 2009, Snohomish County PUD introduced the Solar Express Program. This program provides rebates and loans to support residential and commercial installations of solar photovoltaics (PV) and solar water heating (SWH). Only residential customers can take advantage of the loan program.
Low-interest loans are available to residential customers. Loans with 2.9% APR are offered for up to $25,000 for PV and up to $14,000 for SWH. Loans are secured by placing a lien on the property. The minimum payment is $50 and the minimum loan is $1,000. The term limit for the loan is 10 years.
Interested customers must get a site assessment and bid from an approved installer, and get PUD approval prior to installation. The PUD will conduct a pre- and post-installation inspection. After the system is installed and approved by the PUD, the loan amount will be provided to the registered installer. PV systems must be interconnected and have a net metering agreement with the PUD.
There are also rebates available to both residential and commercial customers. Residential customers may take advantage of either the rebate or loan program; customers cannot use both incentives on a single project.
For more information, review the program handbook or contact Snohomish County PUD.
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Contact:
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Energy Hotline
Snohomish County PUD
PO Box 1107
2320 California St
Everett, WA 98206
Phone: (425) 783-1700
Phone 2: (877) 783-1000
Web Site: http://www.snopud.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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