Washington Incentives/Policies for Energy Efficiency |
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Last DSIRE Review: 07/24/2012
Program Overview:
| State: |
Washington |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Duct/Air sealing, Building Insulation, Windows |
| Applicable Sectors: |
Residential |
| Amount: | up to $15,000 |
| Maximum Incentive: | $15,000 |
| Terms: | Rate: 5.25%
Repayment: up to 7 years |
| Web Site: |
http://www.clarkpublicutilities.com/index.cfm/your-home/energy-co...
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Summary:
Loans of up to $15,000 at a 5.25% interest are available through Clark Public Utilities' Weatherization Loan Program. The loans can pay for the average local cost of eligible measures, based on recently completed projects. Customers have up to seven years to repay the loans, but monthly payments will be at least $25. The utility charges a $225 or $350 loan set-up fee, depending on the loan amount, which can be paid up front or folded into the loan. Customers will be billed monthly for loan payments, separate from energy bills. Customers pay the weatherization contractor directly for optional measures or extra costs not eligible for financing. Loans are not transferable and subject to credit approval.
The following measures are eligible for financing:
- Air sealing
- Duct sealing (if applicable)
- Attic insulation to R-38
- Wall insulation (variable due to construction method)
- Floor insulation (R-19 to R-30, depending on floor joist depth)
- Windows (U.30 with low e and vinyl frames)
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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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