Sulphur Springs Valley EC - SunWatts Loan Program
Administered by: Sulphur Springs Valley Electric Cooperative
Program Details
- Program ID
- 3034
- Last Updated
- 10/5/2015
Eligibility
Program Summary
Sulphur Springs Valley Electric Cooperative (SSVEC) has a loan program that allows its members to finance a portion of a photovoltaic (PV) or small wind system. Loans are available in an amount of $2.00 per watt up to a maximum of 25% of the total cost of the system, with an interest rate of 3%. There is a cap on loan amounts of 4 kW for residential systems and 10 kW for small business systems. The loan program has limited funds and is on a first come, first served basis. SSVEC's loan program may be combined with the cooperative's rebate program, but the rebate and loan combined cannot exceed 75% of the system's cost.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.