Solar Financing

This page is here to inform you that professionals and banks design financial options to facilitate your solar panels installation.
We know how frustrating it’s when you want to get some information about solar panel financing.
We think that is important to share our knowledge in order to shrink the huge gap between you and the professional.
And information about solar systems loans is one of the most difficult to find when you want to go to solar.

Financing for your solar panel are available….

High upfront costs can be prohibitive for many, even after incentives and tax credit.
That’s why there are many solution for solar financing and leasing programs available. By choosing the good solution your monthly payment can be offset by your monthly utility saving during the period of the payback. An installation professional and your banker can provide you with an accurate estimate for your home along with the various financing options. Each of them have their own cost and own advantages/disadvantages. That’s why we are going to introduce you all way to finance your solar system installation.

Cash payment :

Not really the good solution if you are looking for a solution to avoid a high upfront costs. this solution will cost you nothing. If you are investing cash then you avoid yourself to invest it stock exchange or in good placement and in the best case win 5%. But don’t forget that the risk is not the same we are talking about a reliable system with no hidden cost or involving uncontrolled forecast.

Loan :

If you borrow the money you will add the financing cost. More and more banks propose “discount rate” in order to reduce the normal cost of borrowing for solar panel purchase. You can easily found a rate around 5 %

Home Equity Loan :

Home equity loans offer to homeowners the possibility to borrow a larger amount of money with a good rate. The house of the owners has to be pledge as collateral and that’s why the house estimation determines the amount you can borrow.

Lease solar panel :

A good way if you are looking for a solution with a upfront costs of 0 $. The second aim of a solar panel leasing is to have lower monthly electricity bill of course in order to make savings. The installation cost is support by the company because they are the owner of the equipment. In some case the ROI can be better by avoiding to be indebted or to bring a big amount of cash.


The table below outlines the advantages and disadvantages different way to finance your home solar installation.