| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Oklahoma |
| Incentive Type: | Loan Program |
| Web Site: | http://ompa.com/programs/wise-rebate-loan/ |
| Funding Source: | American Recovery and Reinvestment Act of 2009 |
| Eligible Renewable/Other Technologies: | Geothermal Heat Pumps |
| Eligible Efficiency Technologies: | Ceiling Fan, Equipment Insulation, Water Heaters, Lighting, Heat pumps, Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, LED Lighting |
The Oklahoma Municipal Power Authority (OMPA) offers loans for a variety of measures and equipment through its "Ways I Save Electricity" (WISE) Loan Program. This program encourages residential and commercial customers to utilize energy efficient equipment by providing below market-rate loans for equipment and service purchases. Eligible measures and equipment includes air conditioners, air-source heat pumps, dual fuel heat pumps, geothermal heat pumps, water heaters, a variety of insulation, lighting, fans, building controls, and general weatherization measures.
Unsecured loans are range from $5,000 - $35,000 and are available at a discount of 1% below the current market rate. Secured Loans (Equity Loans) are eligible for a loan of $1,000 - $100,000 at a rate 0.025% below the current market rate.
Read all program requirements on the web site listed above or view the program brochure to ensure eligibility. Contact OMPA for additional information on this program.
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| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
