Low-interest loans for renewable-energy systems are available to residential and small business customers of all Wisconsin Public Power, Inc. (WPPI) member utilities. This incentive is available for solar water-heating systems, solar space-heating systems for buildings that use electricity as the primary heat source, photovoltaic (PV) systems up to 20 kilowatts (kW) in capacity, wind-energy systems up to 20 kW in capacity, and repairs to existing systems. Customers can borrow from $2,500 to $20,000, at an interest rate of 1.99%. Loan terms vary from three to 10 years. Financing is through Fannie Mae's Residential Home Energy Improvement Program and underwritten by Energy Finance Solutions (EFS), a service of Wisconsin Energy Conservation Corporation. Eligibility is based on the customer's credit score, bankruptcy history and debt-to-income ratio. Electric customers of the following WPPI member utilities are eligible for loans:
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Wisconsin |
| Incentive Type: | Loan Program |
| Web Site: | http://www.wppisys.org/programs_services/default.asp?CategoryID=38&SubcategoryID=82 |
| Administrator: | Wisconsin Public Power, Inc. (WPPI) |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Name: | Mike Hodges |
| Organization: | WPPI Energy, Inc. |
| Address: |
1425 Corporate Center Drive Sun Prairie WI 53590-9109 |
| Phone: | (608) 837-2653 |
| Email: | mhodges@wppisys.org |
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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