Implementing Sector | Utility |
---|---|
Category | Financial Incentive |
State | Florida |
Incentive Type | Loan Program |
Web Site | https://lakelandelectric.com/programs-and-services/energy?tab=tabrebate |
Administrator | Lakeland Electric |
Eligible Renewable/Other Technologies | Solar Water Heat, Solar Photovoltaics, Geothermal Heat Pumps |
Eligible Efficiency Technologies | Water Heaters, Duct/Air sealing, Building Insulation, Windows, HVAC |
Applicable Sectors | Residential |
Maximum Loan | $5,000 |
Loan Term | Not specified |
Interest Rate | 0% |
Lakeland Electric offers a zero-interest loan program to its customers who wish to make energy efficiency upgrades. Eligible measures include windows, HVAC, heat pump water heaters, air sealing and insulation, solar PV, geothermal heat pumps, and solar water heater systems. The minimum loan amount is $500 and the maximum is $5,000. There is also a one-time filing fee that will be applied to a customer’s utility bill. For a $5,000 loan, this fee has been around $90.50. Loans are repaid monthly after the project has been completed.