Sulphur Springs Valley Electric Cooperative (SSVEC) has a loan program that allows its members to finance a portion of a photovoltaic (PV) or small wind system. Loans are available in an amount of $2.00 per watt up to a maximum of 25% of the total cost of the system, with an interest rate of 3%. There is a cap on loan amounts of 4 kW for residential systems and 10 kW for small business systems. The loan program has limited funds and is on a first come, first served basis.
SSVEC's loan program may be combined with the cooperative's rebate program, but the rebate and loan combined cannot exceed 75% of the system's cost.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Arizona |
| Incentive Type: | Loan Program |
| Web Site: | http://www.ssvec.org/?page_id=108 |
| Administrator: | Sulphur Springs Valley Electric Cooperative |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Maximum Loan: | 25% of total project cost up to $8,000 |
| Loan Term: | Rate: 3% |
| Name: | Albert Gomez |
| Organization: | Sulphur Springs Valley Electric Cooperative |
| Address: |
311 E. Wilcox Drive Sierra Vista AZ 85635 |
| Phone: | (520) 515-3473 |
| Email: | agomez@ssvec.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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