City of Tallahassee Utilities – Solar Loans

Program Overview

Implementing Sector Utility
Category Financial Incentive
State Florida
Incentive Type Loan Program
Web Site http://www.talgov.com/you/you-products-home-loans.aspx
Administrator City of Tallahassee Utilities
Utilities City of Tallahassee
Eligible Renewable/Other Technologies Solar Water Heat, Solar Photovoltaics, Solar Pool Heating
Applicable Sectors Residential
Maximum Loan Solar PV or ENERGY STAR roofing: $20,000
Other Measures: varies
Loan Term Repayment: up to 5 years for general measures; 10 years for PV
Minimum Loan Amount $500
Interest Rate Rate: 5%

Summary

The City of Tallahassee Utilities offers loans with an interest rate of 5% for a variety of energy-saving measures, including photovoltaic (PV) systems and solar water-heating systems. Under this program, customers may borrow up to $20,000 for PV systems. Various other systems can qualify for loans. Loan payments are to be made on monthly utility bills. Customers must first get a vendor price or a contractor’s proposal and send it to the utility Energy Services. A city energy audit is required for all solar technology installations. Installation work should not begin until after a signed Loan Promissory Note has been received.

Solar water heating systems must be Florida Solar Energy Center (FSEC) certified indirect or drain-back systems. Loans will not be awarded if the system is replacing a natural gas water heater. PV systems must also be FSEC certified. An energy audit is required for all solar measures.

For detailed information on the loan process, see the loan handbook or call the utility’s energy services department at (850) 891-4968.

Contact

Organization:
City of Tallahassee Utilities
Address:
300 South Adams St. B32
Tallahassee, FL 32301
Phone:
(850) 891-4968