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Loan Programs for Renewables and Efficiency

     
 

Florida - Orlando Utilities Commission - Residential Solar Loan Program

Last DSIRE Review: 02/03/2009

Incentive Type: Utility Loan Program
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics
Applicable Sectors: Residential
Terms: PV: up to $20,000; SWH: up to $7,500
0-5.5% interest rate, depending on technology and loan term
Website: http://www.ouc.com/green/solar_pilots.htm



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. Refer to OUC's Solar Information Packet for more details.

Contact:
  Jennifer Szaro
Orlando Utilities Commission
500 S. Orange Ave.
Orlando, FL 32801
Phone: (407) 423-9100 Ext.2086
Fax: (407) 423-9198
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web site: http://www.ouc.com/