Solar Loan Program

Interested in Solar? Finance with FKEC!

Florida Keys Electric Cooperative Solar Loan logo, payable with your monthly electric billTo help you, Florida Keys Electric Cooperative Members, have financial access to solar power generation, FKEC offers a Solar Loan program. Experience a streamlined application process, along with the convenience of having your loan payment payable with your monthly electric bill.

Approved members may receive a loan, less any available qualified rebates, up to $35,000 for the purchase and installation of a grid-tied Distributed Energy Resource (DER) system. This includes distributed renewable solar photovoltaic systems and grid-tied battery storage systems – All of which must be installed by a qualified solar installer.

The program is offered to both our residential and commercial members, and repayment of the competitively priced loan is 10 years or less with no penalty if paid off early.

Qualifying for the FKEC Solar Loan is based solely on the applicants credit history with FKEC. Residential consumers must have a minimum of a 12-month “clean” billing history with FKEC, and commercial members must have a minimum of 24-months.

FKEC Solar Loan FAQ’s

How do I qualify?

Qualifying for the loan is based solely on your credit history with FKEC. Residential members must have a minimum 12-month clean billing history with FKEC and commercial members must have 24 months.

What are the terms of the loan?

FKEC will be offering competitively priced, simple interest rate loans, less any available qualified rebates, up to $35,000 for the purchase and installation of a grid-tied Distributed Energy Resource (DER) systems, including distributed renewable solar photovoltaic systems and grid-tied battery storage systems installed by a qualified solar installer. Repayment of the loan is 10 years or less, with no penalty if paid off early.

How do I start the application process?

Start by calling FKEC member service at (305) 852-2431 to see if you are eligible.