Solar Financing

As discussed above, Spain currently provides access to low-interest financing for solar projects, in cooperation with participating banks. It is likely that the attractive tariff and guaranteed long-term payment alone make the purchase of a PV system economic, as is now the case in the German program.

The CSI does not propose to include a financing component at this time. The CEC has a low-interest financing program for state and local government efficiency and self-generation investments, and many have taken advantage of these loans to install PV systems. Opportunities to expand access to low-interest financing will be explored further in the development of the CSI.

Appendix A