Solar & Battery Regulation & Incentive Programs

Oklahoma City - Green Home Loan Program

Program Overview

Category:: Financial Incentive
Program Type:: Loan Program
Implementing Sector:: Local
State:: Oklahoma
Eligible Storage Technologies:: Geothermal Heat Pumps, Water Heaters, Lighting, Furnaces, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Other EE, Yes; specific technologies not identified, Reflective Roofs
Website:: https://www.okc.gov/departments/planning/programs/sustainability/green-home-loan
Maximum Loan:: $15,000
Loan Term:: 48 month limit
Interest Rate:: 3% fixed interest rate
Administrator:: Community Action Agency of Oklahoma City
Applicable Sectors:: Residential
Budget :: $500,000
Start Date:: 01/26/2015
Last Updated:: 08/13/2020
Funding Source: American Recovery and Reinvestment Act of 2009 (ARRA)

Eligibility Criteria

Eligibility	Sectors	Technologies
%3.0000	Residential	Geothermal Heat Pumps Water Heaters Lighting Furnaces Heat pumps Air conditioners Duct/Air sealing Building Insulation Windows Doors Roofs Other EE Yes; specific technologies not identified Reflective Roofs
max $15000.0000	Residential	Geothermal Heat Pumps Water Heaters Lighting Furnaces Heat pumps Air conditioners Duct/Air sealing Building Insulation Windows Doors Roofs Other EE Yes; specific technologies not identified Reflective Roofs

Summary

Homeowners in Oklahoma City are eligible for energy efficiency loans up to $15,000. The funds can only be used within the city limits of Oklahoma City, and residents must have an annual income of $100,000 or less and must repay the loan within 36 months.

The loan program is administered through the city's Community Action Agency. Apply by calling the Agency at (405) 232-0199.

Authorities

Name	Enacted Date	Effective Date	Expired Date
Program Brochure