Plumas-Sierra REC - Geothermal and Photovoltaic Leasing Program (California)

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Last modified on May 23, 2011.

Financial Incentive Program

Place California

Name Plumas-Sierra REC - Geothermal and Photovoltaic Leasing Program
Incentive Type Leasing Program
Applicable Sector Residential
Eligible Technologies Photovoltaics, Geothermal Heat Pumps
Active Incentive No

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs

Terms Geothermal: 30-year lease at no interest; monthly
Program Administrator Plumas-Sierra Rural Electric Cooperative
Date added to DSIRE 2000-01-01
Last DSIRE Review 2004-03-03

References DSIRE[1]


Plumas-Sierra Rural Electric Cooperative offers a leasing program for GeoExchange/ geothermal heat pumps. The present program began in 1998 and is a reworking of an earlier one.

In the GeoExchange program, the cooperative leases heat pump loops to members for a thirty-year period at no interest. Participants are billed a fixed cost each month that depends on the size of the geothermal unit. This results in sixteen different price rates covered by the cooperative. Please visit the website GeoExchange Heat Pumps for more information on the pricing.

Only cooperative members are eligible for the program and there are more than 400 participants to date. Plumas-Sierra promotes the program through its utility magazine, radio spots, newspaper advertisements, yard signs, and word-of-mouth. Plumas-Sierra also includes a rebate option when leasing geothermal heat pumps.

In addition, there used to be a PV leasing program that is currently inactive. Plumas-Sierra continues to support customers already participating in the Photovoltaic (PV) Program. The details of the PV program are currently being reevaluated and the program might be offered again in the future.

Incentive Contact

Contact Name Nell Thomas
Department Plumas-Sierra Rural Electric Cooperative

Address 73233 Highway 70

Place Portola, California
Zip/Postal Code 96122
Phone (530) 832-4261



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


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"