| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Nevada |
| Incentive Type: | Loan Program |
| Web Site: | http://energy.nv.gov/Programs/Direct_Energy_Assistance_Loan/ |
| Administrator: | Governor's Office of Energy |
| Funding Source: | Renewable Energy Account (NRS 701A.450) |
| Eligible Efficiency Technologies: | Equipment Insulation, Water Heaters, Lighting, Furnaces, Heat pumps, Air conditioners, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows, LED Lighting |
| Name: | NRS 701A.450 |
The Governor's Office of Energy provides the Direct Energy Assistance Loan (DEAL) program to help state employees make energy efficiency improvements to their homes. Full-time employees who own their homes are eligible for an interest-free loan repaid through a monthly payroll deduction.
Employees may receive up to a $6,000 loan to make improvements recommended by a state-approved energy auditor. Loan terms are a maximum of 60 months, and monthly payments are set at $50 for loans up to $3,000 and $100 for loans of $3,001 - $6,000. Veterans may be eligible for loans up to $8,000 with an extended payback period.
See the program fact sheet for more detailed employee eligibility requirements and approved measures. The application is available on the program website.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
