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.
| 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: |
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| Maximum Loan: | $35,000 |
| Loan Term: | 10 years |
| Interest Rate: | Determined based on the simple interest loan amortization calculation model |
| 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.
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