How_can_I_finance_my_solar_panels
Last update 08/05/2022

How can I finance my solar panels?

Jennifer Florez

Jennifer Florez

Solar panels installation reached costs records since it is now cheaper to acquire panels instead of continuing with an eternal electric bill that increases every year.

This means that without creating inequalities due to purely economic issues, homeowners in the United States have different options to install solar panels and get to know them all.

1. 100% financing

Install your solar panels with $0 money down. Pay it monthly according to the term that best suits you. We offer financing from 5 to 30 years, generating immediate savings between 15 and 30% per month versus the current payment of your electric bill.

If you want more information about solar financing, click here to read the article How do solar loans work?

2. Cash without interest

Pay cash and save even more money. By not paying interest, the total value is cheaper than any other financing option.

Enter here, register to have a free consultation and with the help of an expert, you can install solar panels at home.

3. Cash and financing

You can finance one part of the total value of your solar system and pay an advance for the other part. You choose how much your initial payment will be and depending on this, the value of the financing will be adjusted.

This option allows you even lower monthly payments compared to others.

4. Other options

Other options include Property Assessed Clean Energy (PACE), which allows owners to finance improvements and renovations on their properties to improve energy efficiency.

There is also the Power Purchase Agreement (PPA) which is a contract used for the supply of energy through renewable sources, which means you can sign an agreement for us to install solar panels with an affordable monthly payment without having to purchase debt.

 If you want to better understand whether it is convenient to buy or rent solar panels, we invite you to read this article we did to help you solve this question.

jenn y diego foto final

Get a professional and honest solar quote

Diego and Jennifer, lead a team of solar experts with +7 years experience in over 22 different states in America. We would love to help you switch to solar the right way!

Get a professional and honest solar quote

Diego and Jennifer, lead a team of solar experts with +7 years experience in over 22 different states in America. We would love to help you switch to solar the right way!

jenn y diego foto final

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