Clark Public Utilities - Solar Energy Equipment Loan (Washington)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Clark Public Utilities - Solar Energy Equipment Loan|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Solar Water Heat, Photovoltaics, Solar Pool Heating|
|Energy Category||Renewable Energy Incentive Programs|
|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
|Program Administrator||Clark PUD|
|Date added to DSIRE||2005-09-20|
|Last DSIRE Review||2014-09-09|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
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.
|Contact Name||Bart Hansen|
|Address||1200 Fort Vancouver Way|
|Address 2||P.O. Box 8900|
|Phone 2||(360) 992-3000|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.