Solar & Battery Regulation & Incentive Programs

Clark Public Utilities - Solar Energy Equipment Loan

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Washington
Eligible Storage Technologies:
Solar Water Heat, Solar Photovoltaics, Solar Pool Heating
Website:
https://www.clarkpublicutilities.com/residential-customers/reduce-energy-waste-and-lower-your-bill/all-rebates-incentives-and-low-interest-loans/solar-energy-program/solar-loan-program/
Maximum Loan:
$30,000
Loan Term:
For all loans $10,000 and under: up to 5 years
For PV loans between $10,000 and $30,000: up to 7 years
Interest Rate:
3.5%
Administrator:
Clark PUD
Applicable Sectors:
Residential
Utility:
PUD No 1 of Clark County
Last Updated:
05/21/2020

Summary

Clark Public Utilities offers financing available to its customers for the purchase and installation of residential solar equipment. Loans up to $30,000 are available.

Loans under $10,000 have repayment terms of up to 5 years, but a minimum monthly payment of $25 is required. Loans over $10,000 have a maximum term of 7 years. All loans carry an interest rate of 3.5%. Loans of less than $5,000 have a loan processing fee of $230, and loans of $5,000 or more have a loan processing fee of $450. Loans are not transferable.