Orlando Utilities Commission - Residential Solar Loan Program

FL Loan Program residential

Administered by: Orlando Utilities Commission

Program Details

Program ID
2872
Last Updated
11/16/2018

Eligibility

Eligible Sectors
residential
Eligible Technologies
solar water heat solar photovoltaics

Program Summary

Orlando Utilities Commission (OUC), in cooperation with the Orlando Federal Credit Union (OFCU), provides its customers with low-interest loans for solar photovoltaic (PV) systems and solar water heating (SWH) systems. Customers may borrow up to $7,500 for a SWH system or up to $20,000 for a PV system, and loans are repaid over time as fixed payments on customers' monthly utility bills. Interest rates for SWH systems vary from 0% to 4% over a term ranging from three years to seven years. Interest rates for PV systems vary from 2% to 5.5% over a term ranging from three years to 10 years. Customer does not have to be a member of OFCU to qualify.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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