Clay Electric Cooperative, Inc - Energy Conservation Loans (Florida)

From Open Energy Information

Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Florida


Name Clay Electric Cooperative, Inc - Energy Conservation Loans
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Refrigerators, Water Heaters, Heat pumps, Central Air conditioners, Heat recovery, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Solar Water Heat, Solar Thermal Electric, Solar Pool Heating
Active Incentive Yes
Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 1,000 - 7,500








Maximum Incentive 5,000 (7,500 for metal roofs)





Terms Rate: 5-8%

Repayment: Not Specified

Program Administrator Clay Electric Cooperative
Website http://www.clayelectric.com/nrgservice.aspx


References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Clay Electric Cooperative (CEC), a Touchstone Energy Cooperative, covers 14 North Florida counties, including Gainesville, Keystone Heights, Lake City, Orange Park, Palatka, and Salt Springs. It offers loans to help customers finance energy efficiency improvements for participating homes. Customers can borrow up to $5,000 for improvements such as high efficiency heat pumps, insulation and certain high efficiency appliances. Customers installing high reflectance metal roofing measures may apply for loans up to $7,500. Basic qualifications for an energy conservation loan include a good credit history, good payment record with CEC and service with CEC for one year. For each HVAC application there must be a written proposal signed by a licensed contractor. An energy survey is also required. A $25 loan processing fee will be assessed on all applications submitted for loan consideration (approved and disapproved).

Review the brochure on the program web site for more information. For questions, you can contact CEC's Energy Services Division at (352) 473-8000, Ext. 8263.

Incentive Contact

Contact Name Sherman Phillips
Department Clay Electric Co-op
Address P.O. Box 308 S.R. 100 West
Address 2 225 West Walker Drive
Place Keystone Heights, Florida
Zip/Postal Code 32656
Phone (352) 473-8000 Ext:8366
Phone 2 (352) 473-4917
Email sphillips@clayelectric.com
Website http://www.clayelectric.com




  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content