Washington Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 12/11/2012
Program Overview:
| State: |
Washington |
| Incentive Type: |
Utility Loan Program |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Photovoltaics, Solar Pool Heating |
| Applicable Sectors: |
Commercial, Residential |
| Amount: | Solar PV: up to $30,000
Solar Pool Heaters and Solar Water Heaters: up to $10,000 |
| Maximum Incentive: | Solar PV: $30,000
Solar Pool Heaters and Solar Water Heaters: $10,000 |
| Terms: | Rate: 5.25%
For loans $10,000 and under: up to 5 years
For loans between $10,000 and $30,000: up to 7 years |
| Web Site: |
http://www.clarkpublicutilities.com/index.cfm/our-environment/gen...
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Summary:
Clark Public Utilities offers financing available to its customers for the purchase and installation of residential solar equipment. Loans up to $10,000 are available for solar pool heaters and solar water heaters and up to $30,000 for photovoltaic systems.
Solar water heater loans, solar pool heater loans and solar PV loans under $10,000 have a maximum term of 60 months. Solar PV loans over $10,000 have a maximum term of 84 months. All loans carry an interest rate of 5.25%. Solar pool and water heater loans are only applicable to customers currently using electricity to heat water. Loans of less than $5,000 have a loan processing fee of $225, and loans of $5,000 or more have a loan processing fee of $350. Loans are non transferable.
In addition, Clark Public Utilities offers a rebate program for eligible solar water heating systems. |
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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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