Sulphur Springs Valley EC - SunWatts Loan Program (Arizona)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Sulphur Springs Valley EC - SunWatts Loan Program|
|Incentive Type||Utility Loan Program|
|Applicable Sector||Commercial, Residential|
|Eligible Technologies||Photovoltaics, Wind|
|Energy Category||Renewable Energy Incentive Programs|
|Maximum Incentive||25% of total project cost up to 8,000|
|Program Administrator||Sulphur Springs Valley Electric Cooperative|
|Date added to DSIRE||2008-08-06|
|Last DSIRE Review||2012-10-17|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Sulphur Springs Valley Electric Cooperative (SSVEC) has a loan program that allows its members to finance a portion of a photovoltaic (PV) or small wind system. Loans are available in an amount of $2.00 per watt up to a maximum of 25% of the total cost of the system, with an interest rate of 3%. There is a cap on loan amounts of 4 kW for residential systems and 10 kW for small business systems. The loan program has limited funds and is on a first come, first served basis.
SSVEC's loan program may be combined with the cooperative's rebate program, but the rebate and loan combined cannot exceed 75% of the system's cost.
|Contact Name||Albert Gomez|
|Department||Sulphur Springs Valley Electric Cooperative|
|Address||311 E. Wilcox Drive|
|Place||Sierra Vista, Arizona|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.