Snohomish County PUD No 1 - Solar Express Loan Program (Washington)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Washington

Name Snohomish County PUD No 1 - Solar Express Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Photovoltaics, Solar Water Heat
Active Incentive No

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount Solar Water Heater: up to $14,000
Solar PV: up to $25,000















Maximum Incentive Solar Water Heater: $14,000
Solar PV: $25,000









Terms Rate: 2.9%
Repayment: 10 years
Program Administrator Snohomish County Public Utility District
Website http://www.snopud.com/home/green/solarexpress.ashx?p=1207
Date added to DSIRE 2009-03-31
Last DSIRE Review 2013-01-17



References DSIRE[1]


Summary

In March 2009, Snohomish County PUD introduced the Solar Express Program. This program provides rebates and loans to support residential and commercial installations of solar photovoltaics (PV) and solar water heating (SWH). Only residential customers can take advantage of the loan program.

Low-interest loans are available to residential customers. Loans with 2.9% APR are offered to up to $25,000 for PV and up to $14,000 for SWH. Loans are secured by placing a lien on the property. The minimum payment is $50 and the minimum loan is $1,000. The term limit for the loan is 10 years.

Interested customers must get a site assessment and bid from an approved installer, and get PUD approval prior to installation. The PUD will conduct a pre- and post-installation inspection. After the system is installed and approved by the PUD, the loan amount will be provided to the registered installer. PV systems must be interconnected and have a net metering agreement with the PUD.

There are also rebates available to both residential and commercial customers. Residential customers may take advantage of either the rebate or loan program; customers cannot use both incentives on a single project.

For more information, review the program handbook or contact Snohomish County PUD.


Incentive Contact

Contact Name Energy Hotline
Department Snohomish County PUD

Address PO Box 1107
Address 2 2320 California St
Place Everett, Washington
Zip/Postal Code 98206
Phone (425) 783-1700
Phone 2 (877) 783-1000


Website http://www.snopud.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 (DSIRE)"