Energize Delaware has provided over $5 million in low-interest loans to Delawareans who installed solar energy systems on their homes. According to the American Solar Energy Society, renewable energy is on course to provide 33-50 percent of U.S. electricity by 2030. Energize Delaware has funded 326 residential solar projects, with a total loan amount of $5.1 million.
“The residential solar loan program has helped many Delaware residents purchase their solar systems while minimizing out-of-pocket costs. This loan program is a quick and seamless way for qualifying customers to reap all the financial and environmental benefits from going solar. The success of the residential solar loan program has created more opportunities for Delawareans to go green,” said Rachel Land, a program manager who works for InClime Solutions, the company hired by Energize Delaware to run the program.
Homeowner James Paul Tindilia of Wilmington said, “The project is an 11kW array situated on the back roof, invisible from the street. Both my salesperson and the project engineer at CMI Electric painstakingly determined the costs of the system, factored in government rebates and other incentives, and filled out all the paperwork for the loan.”
To learn more, go to EnergizeDelaware.org.