| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Washington |
| Incentive Type: | Loan Program |
| Web Site: | 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/ |
| Administrator: | Clark PUD |
| Utilities: | PUD No 1 of Clark County |
| Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Photovoltaics, Solar Pool Heating |
| Maximum Loan: | Solar PV: $30,000 Solar Pool Heaters and Solar Water Heaters: $10,000 |
| 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% |
Clark Public Utilities offers financing available to its customers for the purchase and installation of residential solar equipment. Loans up to $10,000 are available for solar pool heaters and solar water heaters and up to $30,000 for photovoltaic systems.
Solar water heater loans, solar pool heater loans and solar PV loans under $10,000 have repayment terms of up to 5 years, but a minimum monthly payment of $25 is required. Solar PV loans over $10,000 have a maximum term of 7 years. All loans carry an interest rate of 3.5%. Solar pool and water heater loans are only applicable to customers currently using electricity to heat water. 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 $385. Loans are not transferable.
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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
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