Requirements & Guidelines

Loans for Energy Efficiency Programs (LEEP)

  • Maximum residential loan amount for residential customers shall not exceed $7,500.
  • Interest rate for the loan shall be 5% for residential. The loan will be a fixed payment loan.
  • Late payment fees will be added to the balance including interest.
  • Loan payment term shall be no more than five (5) years.
  • All offered residential conservation measures (except appliances) are eligible for loan program participation.
  • The measures to be installed must comply with all other conservation program requirements.
  • The customer must complete our LEEP Application packet, found below.
  • Upon approval of application, a loan origination fee of $500 will be deducted from applicable program incentive payments.
  • Show proof of home ownership – only owner occupied single family homes are eligible for this program.
  • Complete and sign Financial Disclosure Form.
  • Execute Security Agreement.
  • Execute our Loans for Energy Efficiency Program Participation Agreement.
  • Complete and sign UCC 2 Fixture Filing Form.
  • Execute the conservation participation agreement.
  • Customer must have maintained a credit rating with the PUD having no more than one late charge in the past 12 months.

Related Documents