Tag Archives: solar loans

solar financing

Solar financier partnerships: what you need to know

One of the most important choices to make as you’re going solar is which installation company to work with. Online reviews, industry certifications, years in business, and equipment manufacturer endorsements are just a few ways to gauge the reputation and experience of one company over another. If you’re planning on financing a system with a solar loan, it’s a good idea to keep an eye out for any partnerships with loan financiers, as they can be another indicator of a company’s credibility.

Continue reading
Tesla solar renting vs leasing and loans

Tesla solar renting vs. leasing vs. buying solar panels

Tesla’s recently announced solar rental program was met with high hopes, as a program with the potential to make solar more accessible to more homeowners. With a sense of how the program works, the question becomes: how do the savings from renting solar panels form Tesla compare to the savings from owning or leasing solar panels? 

Continue reading

Solar Cost Terminology: Cost Per Watt, $/W and LCOE

What should you look at to determine if you’re getting a good deal on solar? There are lots of things to pay attention to when deciding on a solar energy system; but two of the most useful metrics for evaluating the cost and value of a solar power offer are price per watt, measured in dollars per watt of energy ($/W), and ‘levelized cost of energy’ (LCOE).

Continue reading

electricity rates and solar cost trends

Is residential electricity price going up or down?

If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.

Continue reading

Fannie Mae HomeStyle Energy Mortgage for Solar

Fannie Mae & Solar: HomeStyle Energy Program explained

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

enerbank usa review

EnerBank USA solar loans: the complete review

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

best energysage videos

The best EnergySage videos of 2018

Have you ever had a question about solar, but didn’t have the time to search for an answer? Throughout 2018, we created a number of short animated videos so that you can find answers to the most common questions about solar with the quick click of a button.

We’ve covered a range of topics so far – from understanding the costs included in a solar quote to how the solar tax credit works, and much more in between. Here are just some of our favorite videos from 2018.

Continue reading

compare top solar lease companies

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

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

is solar worth it

Are solar panels really worth it?

Every solar company has a variation of the same sales pitch, “did you know going solar can save thousands of dollars?” They make it sound so easy, but the truth is, whether solar is a smart long-term investment for you depends on a few major factors. So before you buy into the hype, we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money.

Continue reading