OPALCO Plans Zero-Interest RUS Energy Loans
Orcas Power & Light CooperativeUtility District · Eastsound, WA- Disclosed value
- $8M in 2026 and 2027; $3.46M in 2028; $0 in 2029-2030; approximately $19.46M available for 2026
- From budget
- Document date
- Nov 20, 2025
- Term
- 10 years
- Renews
- Free account
The 30-second brief
OPALCO plans to draw RUS RESP financing at zero percent over 10 years. The borrowing will fund member on-bill financing for energy-efficiency and fuel-switching projects.
RUS holds this financial services contract with Orcas Power & Light Cooperative. Its other public contracts on record include work for Worthington West Franklin Joint Park And Recreation Authority and Borough of Waynesburg.
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Contract details
- Contract type
- Financial Services
- Amount
- $8M in 2026 and 2027; $3.46M in 2028; $0 in 2029-2030; approximately $19.46M available for 2026
- Document date
- November 20, 2025
- Term
- 10 years
- Renews
- On record
- Vendor
- RUS
- Source document
- Orcas Power and Light Cooperative Budget 2026 Budget Report 2025-11-20 (Budget)
RUS's other public contracts
More Orcas Power & Light Cooperative contracts
Questions about this contract
Who was awarded the financial services contract by Orcas Power & Light Cooperative?
RUS was awarded this financial services contract by Orcas Power & Light Cooperative, as recorded on November 20, 2025. The contract value is $8M in 2026 and 2027; $3.46M in 2028; $0 in 2029-2030; approximately $19.46M available for 2026.
How much is the RUS contract with Orcas Power & Light Cooperative worth?
The RUS contract with Orcas Power & Light Cooperative is valued at $8M in 2026 and 2027; $3.46M in 2028; $0 in 2029-2030; approximately $19.46M available for 2026, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in Orcas Power and Light Cooperative Budget 2026 Budget Report 2025-11-20 (Budget), dated November 20, 2025 from Orcas Power & Light Cooperative. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does RUS hold?
RUS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Orcas Power & Light Cooperative currently buying?
Explore Orcas Power & Light Cooperative's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.