| Implementing Sector | Utility |
|---|---|
| Category | Financial Incentive |
| State | Florida |
| Incentive Type | Loan Program |
| Web Site | https://fkec.com/green-power/solar-loan-program/ |
| Administrator | Florida Keys Electric Cooperative |
| Eligible Renewable/Other Technologies | Solar Photovoltaics |
| Maximum Loan | $35,000 |
| Loan Term | 10 years |
| Interest Rate | Determined based on the simple interest loan amortization calculation model |
Florida Keys Electric Cooperative (FKEC) offers a loan program for the purchase and installation of a grid-tied Distributed Energy Resource (DER) system. This can be both a battery storage system or a photovoltaic system. This program is offered to both residential and commercial customers. To participate, customers must have a “clean” billing history with FKEC for at least 12 months for residential customers and at least 24 months for commercial customers.
