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Agenda Packets - 2017/11/06
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Agenda Packets - 2017/11/06
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Last modified
1/28/2025 4:50:57 PM
Creation date
2/27/2018 2:25:38 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/6/2017
Supplemental fields
City Council Document Type
City Council Packets
Date
11/6/2017
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The Lending Center at the Center for Energy and Environment (CEE) offers low interest <br />loans for Minnesota homeowners to increase the energy efficiency of their homes using <br />photovoltaic (PV) solar technology. <br />PROGRAM FEATURES <br />• 4.99% fixed rate (5.213% Annual Percentage Rate*) <br />• Terms up to 10 years <br />• $50,000 maximum loan amount <br />• Available for installation in 1-4 unit owner -occupied properties in the state of Minnesota <br />• Utility rebates and state or federal tax credits may be included in the loan amount <br />• Terms, conditions, and closing costs apply <br />ELIGIBLE IMPROVEMENTS <br />• Solar power systems that produce renewable energy for a residence and attached garage <br />through the installation of photovoltaic (PV) solar systems <br />• System must produce a minimum of 80% of the system's total maximum output as evidenced <br />by a shading analysis and site photos <br />IMPROVEMENTS MAY NOT BEGIN PRIOR TO CLOSING YOUR LOAN <br />APPLY ONLINE AT MNLENDINGCENTER.ORG OR CALL 612.335.5884 <br />12Y <br />OPPOP�9W0 <br />TUNIiY <br />The curient loan terms and conditions stated, including interest rases, are not constii ite a <br />conwJtmeot to lend ni an rifer to enter into an agreement, and sHch an offer miy only be. made <br />pursuant to Minnesota Statutes, Section 47.206131 and (4). <br />'APR is based on 550.000 for 120 nuinttis. Gloshig Costs Anply. <br />, Lending Center <br />Center for Energy and Environment <br />www.mniendingcenter.org <br />
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