Tag Archives: solar loans

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? 

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sungage financial review

Sungage Financial 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. Sungage Financial, based in Boston, Massachusetts, is a popular financier in the residential solar industry. If you’re comparing solar quotes from a few different solar installers, you may have received a loan option from Sungage. Here’s what you need to know about Sungage and their products.

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power purchase agreements

Power purchase agreements (PPAs): what you need to know

There are many $0-down financing options available for going solar, including both ownership (i.e. solar loan) or third-party-owned (i.e. leases) solutions. Many homeowners looking for an easy, low-cost, maintenance-free way to install a solar panel system move forward with a power purchase agreement (PPA). In this article, we’ll talk about what solar PPAs are and discuss the advantages and disadvantages of this financing solution.

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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.

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Zero-down solar financing options: which is best for you?

Installing solar at your home or business has significant financial benefits. In many cases, you can choose a zero down solar financing option and install your system without paying any money up front, leading to instant savings. In this article, we will examine the various options for $0 down solar and the merit of each option.

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review solar quotes

How to review solar quotes

So you’ve got a few solar quotes from different installers, each with different pricing, equipment and savings estimates – what’s next? With all the information available, comparing solar quotes can be overwhelming, but we’re here to make it as easy as possible. If you’re sitting down to review multiple solar quotes for the first time, here are the most important questions to ask yourself, and the factors to consider as you’re evaluating one solar quote against the another:

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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.

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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).

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