SMUD - Residential Solar Loan Program (California)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place California


Name SMUD - Residential Solar Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Photovoltaics, Solar Water Heat
Active Incentive Yes
Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount Secured: $30,000

Unsecured: $5,000








Maximum Incentive $30,000





Terms Secured Loan Rate: 6.99%

Secured Loan Repayment: 120 months
Unsecured Loan Rate: 10.75%
Unsecured Loan Repayment: 36 months

Program Administrator Sacramento Municipal Utility District
Website http://www.smud.org/en/rebates/Documents/Residential-Financing-Form.pdf


References DSIRE[1]


Summary

The Sacramento Municipal Utility District's (SMUD) Residential Loan Program provides 100% financing to customers who install solar water heating systems. All solar water heating systems must meet standards set by the Solar Rating and Certification Corporation (SRCC), must be installed by a SMUD-approved solar water heating contractor, and must pass inspection by SMUD representatives.

<metadesc> SMUD - Residential Solar Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Hector Ortiz
Department Sacramento Municipal Utility District
Division Residential Services/PV
Address P.O. Box 15830
Place Sacramento, California
Zip/Postal Code 95852-1830
Phone (916) 732-6882
Phone 2 (916) 804-3152
Email HOrtiz@smud.org
Website http://www.smud.org


















  • 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 (DSIRE)"