The Sacramento Municipal Utility District's (SMUD) Residential Loan Program provides 100% financing to customers who install solar water heating systems. All solar water heating systems must meet standards set by the Solar Rating and Certification Corporation (SRCC), must be installed by a SMUD-approved solar water heating contractor, and must pass inspection by SMUD representatives.
Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | California |
Incentive Type: | Loan Program |
Web Site: | https://www.smud.org/en/residential/save-energy/rebates-incentives-financing/documents/Residential%20Financing%20Fact%20Sheet.pdf |
Administrator: | Sacramento Municipal Utility District |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Maximum Loan: | $30,000 |
Loan Term: |
Secured Loan Rate: 6.99% Secured Loan Repayment: 120 months Unsecured Loan Rate: 10.75% Unsecured Loan Repayment: 36 months |
Name: | Hector Ortiz |
Organization: | Rebate Processing Center |
Address: |
P.O. Box 15830 Sacramento CA 95852-1830 |
Phone: | (916) 732-6882 |
Email: | HOrtiz@smud.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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