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SOLAR FINANCING OPTIONS

Need help financing your solar project? Many states and solar panel installers have options to help you purchase your solar system without breaking the bank. Here are a few options to research:

Solar Power Purchase Agreements (SPPAs)

SPPA's can be customized for various different types of property, including long-term leased property, and depending on your situation, may even be applicable for certain types of residential property.

Solar Leasing

Go Solar On The Cheap: How Solar Leasing Can Get You Into A Free Solar Power System

Solar Home Equity Loans

Learn about Solar Home Equity Loans and how Solar Home Equity Loans can help finance your solar system.

SRECs: Solar Renewable Energy Credits

Learn about SRECs: Solar Renewable Energy Credits and how SRECs: Solar Renewable Energy Credits can help finance your solar system.

PACE Municipal Financing

PACE (which stands for Property Assessed Clean Energy) is a government program that takes the cost of a solar energy system and installation and rolls that cost into your property taxes for the next 20 years.

Peer to Peer Lending (P2P)

P2P lending is essentially a loan where instead of a bank, there are a group of tens, if not hundreds of lenders all contributing small amounts to add up to the requested amount.

Feed-In Tariffs (FIT)

FIT is essentially a program whereby the government or utility running the program (the California Public Utilities Commission in California for example) guarantees the purchase of excess energy generated by the, in this case, solar panels tied into the grid.

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