Loan Financing for Your Solar Panels
Loans enable homeowners to finance solar panel systems, often with no upfront costs, allowing ownership of the system while paying the system off over time. A variety of financing options are available to help with making the switch to solar.
Solar Loans Put Solar Power Within Your Reach
Solar loans offer homeowners a path to invest in solar energy. Solar loans enable homeowners to finance solar panel systems with no upfront costs, allowing ownership of the system while paying it off over time. Bring your own lender or work with one of ours! Find out more by talking with our solar experts.
Why Homeowners Choose to Finance Solar Panels
Own your system immediately, benefit from available incentives, and replace most of your monthly electric bill with a predictable monthly solar loan payment. Loans eliminate large upfront costs, and spread out payments to typically between 8 to 20 years to match payments with energy savings.
These manageable monthly payments eventually disappear, leaving the homeowner with free, renewable energy for decades.
How Loans Make Switching to Solar Easy
It’s relatively easy to obtain financing for your solar panels through a variety of loan options. Whether you have your own loan provider in mind or you’re exploring what’s available, loans come in a range of payment structures, rates, and terms, giving you the ability to decide which option is best for your situation.
Solar Loan Frequently Asked Questions
Immediately. Once your system is inspected and connected to the grid, you begin generating your own power. Every kilowatt-hour you produce is yours to use, lowering your bill instantly.
Every installation is unique, so a comprehensive site evaluation paired with a custom quote is the best way to accurately calculate your specific payback period, but we invite you to explore our customizable solar payback calculator to get a ballpark idea.
Yes. Studies consistently show that homes with owned solar systems are highly attractive to buyers. Because you own the equipment outright, there is no "lease agreement" to worry about when it comes time to sell—the solar system is simply a permanent, value-add feature of your home.
Ultimately, choosing how to finance your solar project is up to you. We will answer your questions and provide any help possible, but we are not financial advisors. You may want to consult with a lender or accountant for professional guidance.
As the owner, you benefit from the robust warranties attached to your equipment. Should an issue arise, you have the full support of our local team and the backing of the equipment manufacturers to ensure your system performs as promised.
Learn More About Financing Your Solar Panels
