Solar & Battery Regulation & Incentive Programs

City of Tallahassee Utilities - Solar Loans

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Florida
Eligible Storage Technologies:
Solar Water Heat, Solar Photovoltaics, Solar Pool Heating
Website:
http://www.talgov.com/you/you-products-home-loans.aspx
Maximum Loan:
Solar PV or ENERGY STAR roofing: $20,000
Other Measures: varies
Loan Term:
Repayment: up to 5 years for general measures; 10 years for PV
Minimum loan amount: $500
Interest Rate:
Rate: 5%
Administrator:
City of Tallahassee Utilities
Applicable Sectors:
Residential
Utility:
City of Tallahassee
Last Updated:
05/21/2020

Eligibility Criteria

EligibilitySectorsTechnologies
max $20000.0000
Residential
Solar Photovoltaics

Summary

The City of Tallahassee Utilities offers loans with an interest rate of 5% for a variety of energy-saving measures, including photovoltaic (PV) systems and solar water-heating systems. Under this program, customers may borrow up to $20,000 for PV systems. Various other systems can qualify for loans. Loan payments are to be made on monthly utility bills. Customers must first get a vendor price or a contractor's proposal and send it to the utility Energy Services. A city energy audit is required for all solar technology installations. Installation work should not begin until after a signed Loan Promissory Note has been received.

Solar water heating systems must be Florida Solar Energy Center (FSEC) certified indirect or drain-back systems. Loans will not be awarded if the system is replacing a natural gas water heater. PV systems must also be FSEC certified. An energy audit is required for all solar measures.

For detailed information on the loan process, see the loan handbook or call the utility's energy services department at (850) 891-4968.