What are the terms of the loan?

FKEC will be offering competitively priced, simple interest rate loans 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.