Going solar is easier than ever thanks to grants, tax credits, loans and leasing!
Today, financing solar is a lot like financing a car. There are several options available. Interest rates depend on the type of loan, your credit history, and the term of the loan. Most of these loans can be set up with a 12-month same-as-cash portion to finance the tax credits (which are substantial) until tax time. The remainder can then be a loan with a 5, 10, 15 or even 20 year term. In most cases, the loan payment will be less than what you were paying the utility, making solar electricity “cost neutral” to your energy budget. Plus, once the loan is paid, your solar electricity is basically free and you own the system!