Solar & Battery Regulation & Incentive Programs

Lakeland Electric - Residential Energy Efficiency Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Florida
Eligible Storage Technologies:
Solar Water Heat, Solar Photovoltaics, Geothermal Heat Pumps, Water Heaters, Duct/Air sealing, Building Insulation, Windows, HVAC
Website:
https://lakelandelectric.com/Customers/Programs-Services/ReEnergize-Lakeland/Energy/ReEnergize-Loan-Program#105179-customers
Maximum Loan:
$5,000
Loan Term:
Not specified
Interest Rate:
0%
Administrator:
Lakeland Electric
Applicable Sectors:
Residential
Last Updated:
05/21/2020

Summary

Lakeland Electric offers a zero-interest loan program to its customers who wish to make energy efficiency upgrades. Eligible measures include windows, HVAC, heat pump water heaters, air sealing and insulation, solar PV, geothermal heat pumps, and solar water heater systems. The minimum loan amount is $500 and the maximum is $5,000. There is also a one-time filing fee that will be applied to a customer's utility bill. For a $5,000 loan, this fee has been around $90.50. Loans are repaid monthly after the project has been completed.