Solar & Battery Regulation & Incentive Programs

Clay Electric Cooperative, Inc - Solar Thermal Loans

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Florida
Eligible Storage Technologies:
Solar Water Heat, Solar Pool Heating
Website:
https://www.clayelectric.com/member-information/energy-information/energy-rebates-loans
Maximum Loan:
$7,500
Interest Rate:
5% or 8%
Administrator:
Clay Electric Cooperative
Applicable Sectors:
Residential
Utility:
Clay Electric Cooperative, Inc
Last Updated:
05/21/2020

Eligibility Criteria

EligibilitySectorsTechnologies
min $1000.0000
Residential
Solar Water Heat
Solar Pool Heating
max $7500.0000
Residential
Solar Water Heat
Solar Pool Heating

Summary

Clay Electric Cooperative (CEC), a Touchstone Energy Cooperative, covers 14 counties in northern Florida, including Gainesville, Keystone Heights, Lake City, Orange Park, Palatka, and Salt Springs. CEC offers low interest loans to help customers finance solar water heaters and solar pool heaters. Basic qualifications for an energy conservation loan include a good credit history, good payment record with Clay Electric and service with CEC for one year. An energy survey conducted by a CEC representative within the past year is required. A non-refundable $25 loan processing fee will be assessed on all applications submitted for loan consideration.

For questions, you can contact CEC's Energy Services Division at (352) 473-8000, Ext. 8263.