You’re probably already aware of the many reasons to switch to solar energy – lowering if not eliminating your electricity bill, protecting yourself from rising energy costs, an increase in your property value, and a great ROI. Solar panels and installation costs are not an expense, they are a long-term investment.
When it comes to financing your new solar panels, we offer several options: Lease, Loan, and Cash Purchase. Whether purchasing, leasing, or taking out a loan, we want to work with you to find the best solution that works for you and your preferences, needs, and financial goals. We work with trustworthy third-party solar financing companies and programs such as Mosaic, Y-Grene, Hero, and San Diego Credit Union.
Options For Financing Your Solar Panels
A cash purchase offers our customer the highest rate of return in a solar investment. Customers can either self fund the project using existing capital, or raise the funds via a loan or second mortgage. Under a cash purchase, tax incentives remain with the customer, creating an immediate up front return on the cost of the system. Most systems pay for themselves in a few years!
Solar PPAs & Leasing Options
Our PPA/lease option makes it possible for customers to go solar for $0 to little down while making a monthly solar payment. Third party investors finance the system, taking advantage of tax incentives while passing on the savings to the solar power customer in the form of a lower monthly solar payment.
Read the full story on Solar Power Purchase Agreements (PPAs) here.
Rooftop Solar Loans
Our solar loan option gives homeowners a little bit of everything. With the solar loan, you own the system outright but can still install for $0 out of pocket cost. Your payments are spread over time at a low interest rate to help you save on your energy expenses immediately.
Switching to solar is one investment that keeps paying off. Saving you money every month by eliminating the majority of your energy bill and at times offering incentives that give you 30% – 40% back on your system cost — not to mention saving the planet a little too! What plan works best for you?