We work with several banks and credit unions to help our customers implement their projects. In many cases, the energy savings substantially cover the loan payment.
- OPALCO Switch It Up, 360.376.3500 - OPALCO has 2% on-bill financing for renewable energy/storage and energy efficiency projects over a 10 year life.
- Islanders Bank, 360.360.2265 - Islanders Bank has been providing banking services in San Juan County for thirty years and offers Home Energy Improvement loans that include alternative energy and energy efficiency. Maximum loan amount is $10,000, with a maximum term of 10 years. Interest rate is based upon the borrower's credit (5.325% APR and up).
- Puget Sound Cooperative Credit Union, 800.273.1550 – To date, PSCCU has helped more than 3,000 Washingtonians become "solar citizens". Energy-Smart loans are available for solar, heating & cooling, water heaters, energy efficiency, and small scale wind & geothermal systems. Maximum loan amount is $50,000, with a maximum term of 15 years. Interest rate is based upon the borrower's credit (4.25% APR and up).
- Clean Energy Credit Union, 720.479.7900 - CECU is a financial institution focused solely on providing loans that help people afford clean energy products and services such as solar electric systems, electric vehicles, home energy efficiency retrofits, electric-assist bicycles, and net-zero energy homes. For solar electric projects, CECU offers borrowers the option of choosing one or both of the following loans:
- A 12- to 18-month loan to cover the 30% solar tax credit, and/or
- A 12-year, fixed rate loan on the remaining 70% (or less) of the system cost