Grays Harbor PUD - Residential Energy Efficiency Loan Program

March 26, 2015

Summary

Grays Harbor PUD works with local lending institutions to provide low-interest loans to customers for energy efficiency projects. A Preliminary Audit of the home is required before proceeding with projects. Rebate/loan applications must be submitted to the PUD prior to any work being done. The primary source of heat in your home must be electric in order to qualify for loans or rebates under this program. Check guidelines under each type of project for specific eligibility criteria. A customer may qualify for assistance on a maximum of one heat pump project, one insulation project, and one windows project per residence in any 365-day period.

The interest rates for these loans are subsidized by the PUD. Rates depend on market conditions, and in some cases, on credit history. Interested members can contact the PUD for the current rates. The maximum total outstanding loan amount per customer for combined projects is $20,000. Visit the program website for more information.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Washington
Incentive Type:	Loan Program
Web Site:	https://www.ghpud.org/index.php?option=com_content&task=view&id=89&Itemid=113
Administrator:	Grays Harbor PUD
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Heat Pumps Heat pumps Programmable Thermostats Duct/Air sealing Building Insulation Windows
Maximum Loan:	$20,000 Air-Source Heat Pump: $10,000 Ground Source Heat Pump w/Desuperheater: $15,000 Ductless Mini-Split Heat Pump: $8,500 Duct Sealing: $2,500 Insulation: $2 per square foot Windows: $40 per square foot
Loan Term:	Rate: 4% (loans up to $10,000), 5% (on loans greater than $10,000) Repayment: 24-84 months

Contact

Name:	Energy Services
Organization:	Grays Harbor PUD
Address:	PO Box 480 Aberdeen WA 98520
Phone:	(360) 538-6383

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.