Port Angeles Public Works & Utilities - Solar Energy Loan Program

WA Loan Program commercial residential

Administered by: Port Angeles Public Works and Utilities

Program Details

Program ID
3271
Last Updated
10/15/2015

Eligibility

Eligible Sectors
commercial residential
Eligible Technologies
solar water heat solar photovoltaics geothermal heat pumps

Program Summary

The City of Port Angeles Public Works & Utilities offers a low-interest loan to its residential and commercial customers for certain renewable energy projects. The loan is available for installation of solar water heating and photovoltaic systems. All improvements must be approved by the City in advance of any work performed. All improvements must meet the City’s Material & Installation Specifications. The interest rate for this loan is 2.5% above the one year London Interbank Offered Rate (LIBOR) and is subject to change without notice. The City guarantees the loan in exchange for the low interest rate through an agreement with a local lender. Fees are negotiated by the lender on a case-by-case basis. You must have the approval of the City of Port Angeles and the approved lender prior to beginning the project.

Contact & Resources

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

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