SOLAR PACE LOAN

Some property owners choose to finance their solar power systems with Property Assessed Clean Energy (PACE). This program allows California property owners to borrow up-to 15% of their home’s value to pay for going solar. The money is borrowed through property tax assessments and paid back annually along with property taxes, typically for 5 to 20 years.

Financing a solar system through PACE may also provide further income tax benefits on top of the Investment Tax Credit (ITC).

Property owners are a fond of PACE financing because it is charged against the property, not the individual, and can be transferred to a new owner if the property is sold before the assessment is paid off.

•  No early loan payoff penalties!
• With A variety of payment options, monthly payment terms of 5-20 years are available. 
• Just like solar lease, your solar system is fully guaranteed and warranted for 20 years! This includes a 100% solar panel warranty and a full power production guarantee!

SECURED AND UNSECURED EQUITY LOAN

Immediate Energy Savings!

If an Investment Tax Credit (ITC) and instant solar system ownership with no money down sounds good to you, then, the solar loan may be for you. There are an increasing number of commercial banks offering low interest secured and unsecured loans for solar systems, usually 4-6% depending on credit scores. By financing systems directly, property owners capture valuable rebates and tax incentives such as the Investment Tax credit (ITC), that greatly reduce the payback period, while leaving their cash in the bank. By making monthly payments (usually lower than your current utility provider), you will be protected against rising utility costs for up to 20 years. A solar loan can be paid back over either 12 or 20 years and requires a credit score of 700 or higher to qualify.

ENERGY INDEPENDENCE IS NOT A DREAM, IT’S A DECISION

Making the decision to go solar is the first step to gaining energy independence.