Port Angeles Public Works & Utilities - Energy Efficiency Loan Program (Washington)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Port Angeles Public Works and Utilities - Energy Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Residential|
|Eligible Technologies||Building Insulation, Custom/Others pending approval, Duct/Air sealing, Heat pumps, Lighting, Lighting Controls/Sensors, Windows|
|Energy Category||Energy Efficiency Incentive Programs|
|Maximum Incentive||Not specified|
|Terms|| Rate: Federal discount rate plus 2%|
Repayment: up to 120 months
|Program Administrator||Port Angeles Public Works and Utilities|
|Date added to DSIRE||2010-06-25|
|Last DSIRE Review||2011-08-08|
The City of Port Angeles Public Works and Utilities offers a low-interest loan to its residential and commercial customers for energy efficiency improvements. The loan, offered along with a number of rebates, is available for duct- and air-sealing, increased insulation, window replacement, and heat pumps. All improvements must meet the City’s Material and Installation Specifications. The interest rate for this loan is the federal discount rate for primary credit plus 2%, and is subject to change without notice. The City guarantees the loan in exchange for the low interest rate through an agreement with a local lender. Fees are negotiated by the lender on a case-by-case basis. You must have the approval of the City of Port Angeles and the approved lender prior to beginning the project. In addition to offering this loan, the City of Port Angeles Public Works and Utilities also offers energy efficiency rebates for commercial and residential customers.
|Contact Name||Bob Kajfasz|
|Department||Port Angeles Public Works and Utilities|
|Address||PO Box 1150|
|Place||Port Angeles, Washington|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.