Lakeland Electric - Residential Energy Efficiency Loan Program

April 06, 2023

Summary

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.

Program Overview

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
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
  • Geothermal Heat Pumps
  • Water Heaters
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • HVAC
Maximum Loan: $5,000
Loan Term: Not specified
Interest Rate: 0%

Contact

Name: Lakeland Electric - Energy Efficiency Loans
Address: 501 East Lemon Street
Lakeland FL 33801-5079
Phone: (800) 929-4876
Email: Marilyn.chaparro@lakelandelectric.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.