Category Archives: Solar Financing

Articles about the ways to finance a solar installation.

lowtility home loan product

The Lowtility solar + home loan product: the complete review

Reading Time: 3 minutes

Buying a house is a major investment that comes with many long-term variables to consider, including location, home style, sales price, and monthly utility bills. During the process of applying for a home mortgage, new buyers may also have the opportunity to think about other large home improvement investments that they would like to make once they move in to either increase the value of their home or decrease their monthly homeownership costs. The new solar + home loan from Lowtility is a unique option for home buyers looking to do just that by financing both a house purchase and a solar energy system installation all at once. Continue reading

energize ct program

Energize CT rebates & energy efficiency upgrades for 2019

Reading Time: 4 minutes

Energize CT is Connecticut’s energy efficiency campaign and is sponsored by both your electric utility and energy efficiency providers. The program is available to renters, homeowners, and businesses across Connecticut. Here’s the breakdown of the different measures that you can take to reduce your energy use and resultant utility bills through the Energize CT program in 2019.

Continue reading

Fannie Mae HomeStyle Energy Mortgage for Solar

Fannie Mae & Solar: HomeStyle Energy Program explained

Reading Time: 3 minutes

For property owners who want to maximize their solar savings, solar loans make it possible to buy a solar energy system even if you don’t have the cash on hand to make a purchase. Solar loans come in many different forms, including home equity loans and home equity lines of credit, unsecured loans from specialty lenders, and Property-Assessed Clean Energy (PACE) loans. Thanks to Fannie Mae, there’s a new solar financing option available to many homeowners – and it could be a game changer. If you’ve explored solar loans in the past and haven’t found what you’re looking for, it’s time to take a look at the new Fannie Mae HomeStyle Energy Program.

Continue reading

bluewave flexrate review

BlueWave’s FlexRate loan: the complete review

Reading Time: 5 minutes

Solar loans are an increasingly popular option for people interested in financing their solar panel systems. The trend away from leases and towards an ownership model like solar loans is a result of two key factors: the economic benefits and incentives available to solar customers and the greater accessibility of solar loan options.

Continue reading

PACE financing for solar

What is PACE financing for home solar power?

Reading Time: 3 minutes

If you want to install a solar energy system on your property, one of the first questions you’ve probably asked is, “How will I pay for it?” There are many financing options available today for homeowners who want to enjoy the benefits of solar. In many areas, an increasingly popular option for home energy improvements like solar is property assessed clean energy (PACE) financing.

Continue reading

solar loan re-amortization

Solar loan re-amortization: an overview

Reading Time: 3 minutes

In recent years, solar loans have become a popular way to finance solar panel installations. While there are a number of loan options to consider, each with varying qualities, the majority of solar loan products share the trait of having fixed interest rates, monthly payments, and terms. If you’re looking for a solar loan option that allows you to adjust your monthly payment down the line, keep an eye out for re-amortization options.

Continue reading

cancel a solar lease

Cancelling a solar lease contract

Reading Time: 4 minutes

If you were to ask your neighbor who installed solar five years ago about how they financed the system, it’s likely that they’re leasing their solar panels from a large, national solar provider like Vivint or SunRun. It was only recently that solar ownership options – either buying the system with cash upfront or financing through a loan – became the more popular option for homeowners investing in new solar panel systems.

Continue reading

enerbank usa review

EnerBank USA solar loans: the complete review

Reading Time: 4 minutes

Solar loans are the fastest growing method of financing a solar panel installation. Across the country, the majority of new solar installations are purchased with either a cash purchase or through a solar loan. Based in Salt Lake City, Utah, EnerBank USA is a popular company in the home-improvement lending industry. If you’re comparing solar quotes from a few different solar installers, you may have received a loan option from EnerBank.

Continue reading

compare top solar lease companies

Compare the top solar lease companies: Sunrun vs SolarCity, Vivint, SunPower & Clean Power Finance

Reading Time: 4 minutes

Who are the top solar leasing companies in the country, and how do they differ in structure and business model? This article aims to answer these questions, examining some of the biggest solar lease providers in the US – SolarCity, Vivint SolarSunrun,  SunPower and Clean Power Finance.

Continue reading

form 5695 instructions solar tax credit

How do I claim the solar tax credit (ITC)? Form 5695 instructions

Reading Time: 5 minutes

If you’re considering solar, you’ve probably heard about the federal solar tax credit, also known as the Investment Tax Credit (ITC). The Federal ITC makes solar more affordable for homeowners and businesses by granting a dollar-for-dollar tax deduction equal to 30% of the total cost of a solar energy system.

Continue reading