Columbia Water & Light (CWL) offers electric residential and commercial customers low-interest loans for photovoltaic (PV) systems and solar water heaters.

Eligibility

The loan applicant should be the property owner* (Deed of Trust required), have a good payment history with the utility, be current with property tax statements, follow the parameters of the PV net metering agreement/rebate or the solar water heater rebate, and meet specific minimum insulation requirements. Residential customers applying for the loan for a solar energy system on a home that was built more than 10 years prior to the date from when the Net Metering Agreement

The following standards apply to solar PV systems of any size and wind systems 10 kilowatts or less:

Licensing Requirements

Any person bidding or contracting for the installation of a solar PV system or a wind system 10 kW or less must possess a valid license issued by the construction industries division (CID) in the EE-98 or ER-1 license classification.

Any person performing the installation of a solar PV system or a wind system 10 kW or less must possess a valid journeyman certificate issued by CID in the EE-98J or ER-1J classification, or be an apprentice working under the

Eligibility and Availability

Net metering is available to customers of CPS Energy. There is no aggregate capacity limit or maximum system size. There are also no commissioning fees or facilities charges for customers.

CPS Energy offers a rebate incentive to residential and commercial customers who enroll in net metering.

Net Excess Generation

At the end of each billing period, CPS Energy pays the customer-generator for net excess generation at its avoided cost rate via a credit to the monthly bill.

El Paso Electric (EPE) has offered net metering to customer-generators since September 2011.

Eligibility and Availability

To qualify, distributed renewable generation (DRG) owners must either:

• interconnect an apartment house occupied by low-income elderly tenants that qualifies for master metering, where the DRG is expected to generate at least 50% of the building's annual electricity use or 
• have a qualifying facility with a design capacity of not more than 50 kilowatts (kW).

Additionally, the DRG facility must be rated to produce an amount of electricity less than or equal to the estimated annual electricity consumption (for new apartment house or qualifying

Note: In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

NY-Sun loan program is part of broader NY-Sun Initiative program to accelerate the use of solar PV across the State. In addition to cash incentives, NY-Sun Initiative also provides State sponsored low-interest financing options to install solar PV systems. The financing for the program is made available through the Green Jobs- Green New York (GJGNY) Act of 2009.

Residential

NYSERDA offers three financing options to residential customers, On-Bill Recovery Loan, Smart Energy Loan, or Renewable Energy Tax Credit Bridge Loan. These loans provide lower interest rates to low-income residents and to those who cannot qualify for traditional. Residential customers may

In December 19, 2013 the Public Service Commission (PSC) approved a petition issued by NYSERDA’s to establish and fund the operations of New York Green Bank (NY Green Bank). NY Green Bank is a state-sponsored investment fund, working to accelerate clean energy deployment throughout New York State by partnering with the private sector to address and alleviate market and financial barriers preventing a thriving clean energy marketplace. NY Green Bank does not accept deposits or offer retail loans, and instead works on the wholesale level, operating in direct response to real-time market needs.

Funding

In December 2013, the PSC approved

Set the PACE St. Louis provides 100% upfront, fixed rate, long-term financing to property owners for qualified energy upgrades, including energy efficiency, water efficiency, and renewable energy systems. Property owners repay PACE financing over a period up to 20 years through additional payments on their property tax bills. Financing is structured so that energy savings must more than offset the additional property tax assessment.

Commercial property owners, community associations (e.g., Home Owners Associations), and some residential property owners are eligible for Set the PACE St. Louis. Currently, only residential property owners who own their home without an existing mortgage can qualify

Note: In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

Minnesota cooperatives and municipals in Minnkota Power Cooperative’s service territory are providing incentives for their residential customers to improve the energy efficiency of their homes through the Value of Electricity campaign. Cooperatives and participating municipals can offer incentives for the installation of qualifying electric heating, water heating and vehicle charging equipment on the off-peak program. Each utility can implement the incentive with its own requirements. Some restrictions apply. Please check with your utility if you are interested in applying for these rebates. See website above for further details on the program.