Florida Keys Electric Cooperative - Solar Loan Program

May 24, 2024

Summary

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.

Program Overview

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
Start Date:
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

Contact

Name: Florida Keys Electric Cooperative
Organization: Florida Keys Electric Cooperative
Address: 3421 Overseas Highway
Marathon FL 33050
Phone: (800) 858-8845

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.