Solar & Battery Regulation & Incentive Programs

Clark Public Utilities - Residential Weatherization Loan Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
Washington
Eligible Storage Technologies:
Duct/Air sealing, Building Insulation, Windows
Website:
https://www.clarkpublicutilities.com/residential-customers/reduce-energy-waste-and-lower-your-bill/all-rebates-incentives-and-low-interest-loans/weatherization-program/
Maximum Loan:
$15,000
Loan Term:
Repayment: up to 7 years
Interest Rate:
3.5%
Administrator:
Clark Public Utilities
Applicable Sectors:
Residential
Utility:
PUD No 1 of Clark County
Last Updated:
07/31/2020

Summary

Loans of up to $15,000 at a 3.5% interest are available through Clark Public Utilities' Weatherization Loan Program. The loans can pay for the average local cost of eligible measures, based on recently completed projects. Customers have up to seven years to repay the loans, but monthly payments will be at least $25. There is a $230 processing fee for loans under $5,000 and a $450 processing fee for loans $5,000 or more. Customers will be billed monthly for loan payments, separate from energy bills. Customers pay the weatherization contractor directly for optional measures or extra costs not eligible for financing. Loans are not transferable and are subject to credit approval.

For more information, customers should review the program web site or contact a Clark Public Utilities energy counselor.