Residential Solar financing options
Residential Loan Structure
- 100% financing
- 25.5 year term, fully amortizing
- Rate fixed at 8.99% for the life of the loan
- 1.5% loan origination fee plus other closing costs paid by borrower
- Repayment: 6 month interest-only draw period followed by 300 monthly Principal & Interest payments fully-amortizing
Other Details
- 100% financing
- Zero Dealer Fees
- Able to finance re-roof into the loan
Commercial Solar Financing Options
Commercial Solar 504C SBA Loan Available Up to $5,000,000.
Call us today to learn more and see if you qualify.
Solar Financing FAQs
Solar financing is a way to pay for a solar energy system over time instead of paying the full cost upfront, often using loans or structured payment plans.
Common solar financing options include solar loans, low-interest financing programs, and zero money down plans, depending on eligibility and project type.
Yes, many homeowners and businesses qualify for solar financing programs that require little or no upfront payment, depending on credit and project details.
Yes, solar financing is available for both residential and commercial solar projects, with different terms and structures based on the project size and usage.
Solar loans allow you to finance your system and make monthly payments while you use the energy the system produces to help offset your electric bill.
In most cases, yes. Financing a solar system does not prevent you from claiming the federal investment tax credit if you meet eligibility requirements.
Yes, many customers save money even when financing because monthly energy savings can offset or exceed the loan payment over time.
Solar financing terms often range from 10 to 25 years, depending on the lender, program, and project structure.
Solar financing can be better than paying cash if you want to preserve capital, reduce upfront costs, or invest the cash elsewhere while still lowering energy bills.
Yes, most solar financing options involve a credit check and can impact your credit profile, similar to other installment loans.
Yes, businesses can finance commercial solar projects using specialized financing structures designed for larger systems and higher energy usage.
You can apply for solar financing through the Solar Energy Management team, who can help guide you through options, eligibility, and next steps.