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There are a lot of people out there wanting to get solar panels and/or solar water heaters for their homes or businesses. If you’re one of them you know how frustrating it is when looking for solar panel financing.
Unfortunately there’s still this huge gap between the consumer and the solar companies. Its difficult to find information on solar panels in general, and its even more difficult to find information about solar loans.
So I’ve put together a list of the top places to find a solar panel loan. This list includes private nationwide lenders, such as banks, and also includes government loans and incentive programs that can be found within your state.
Nationwide Solar Panel Loans
Meridith Capital Group/SunWize
Sharp – Citigroup Solar Loan Program
Wells Fargo Solar Rebate Program
FHA Energy Efficient Mortgages
ResNet Energy Improvement Mortgages
HUD Energy Efficient Mortgages
Federal and State Solar Loan and Incentive Programs
Database Of Incentives For Renewables & Efficiency
Click on your state for solar loans and incentive programs for your local area. Some states offer loans with low or 0% interest rates!
U.S. Department Of Energy Solar Energy Technologies Program
Glossary of state and federal incentive programs as well as general information on solar financing.
CalFinder Solar Loan List
For Residents of California, Washington, Colorado, Pennsylvania, New York, Oregon, Orlando Florida, and Vermont
I will be adding to this list when I find more solar financing resources. And hopefully, soon we’ll all be able to take advantage of solar leasing options through companies like SolarCity (Currently available in only a few states.)
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#1 by Sydney on September 9, 2008 - 4:14 pm
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A solar power purchase agreement (PPA) is another financing-like vehicle. It’s been used by businesses a lot in the past but hasn’t been available to homeowners until now. Here’s a bit more info: http://tinyurl.com/5onq5e
-Sydney
http://www.sunrunhome.com
#2 by Sydney on September 9, 2008 - 7:12 pm
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Oh, and just to be explicit with the full disclosure thing…I work for SunRun, though I am a huge fan of whatever makes solar more affordable for everyone!!
#3 by ProtectingOurEnvironment.com on September 10, 2008 - 8:05 am
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Hi Sydney!
Thanks so much for stopping by and for leaving the information about solar power purchase agreements (PPA). That’s great news that those financing options are now available to residents.
And yes, the more options people have, the more affordable solar becomes, the better off we all are.
Thanks,
Gina
Pingback: Solar Powered Home Resources | Solar Powered Home
#4 by Social Bookmarking 2.0 on September 19, 2008 - 11:00 pm
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Great information! Thanks for writing this. It is an honor to participate in the discussion.
#5 by lower bills tips on September 20, 2008 - 8:47 pm
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Great list. I’m curious if people are typically able to get terms where the monthly cost is close to, or lower than the savings they net from the panels.
lower bills tipss last blog post..Stuck in a bad cell phone contract ? Negotiate !
#6 by Greg on September 28, 2008 - 7:30 pm
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Cool article. PG&E (In California) once did a zero interest loan program to get people to insulate their homes. Hopefully some of these programs are similar, or better.
Gregs last blog post..Wrathful Thoughts
#7 by Thomas on October 5, 2008 - 6:10 am
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Thanks for the great info on financing, sure to be a big help for our solar panel projects here in Sydney. Here’s to a great future for grid connected solar PV everywhere!
Thomass last blog post..Sydney Energy Successfully Delivers on Castlemaine Project
#8 by Judy on October 7, 2008 - 10:10 pm
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wow what a nice post about coupons and retail information.
Its a very needed information because i need some coupons to buy somethings.
Thanks
#9 by Jenny on October 14, 2008 - 2:38 am
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This is a cool post about coupons.
i need this info for my site.
#10 by Laura on October 21, 2008 - 2:52 am
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This is a cool post about coupons and there prices.
Thanks for such an informative post.
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#11 by Laura on November 16, 2008 - 11:40 pm
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Online shopping is now a easy way of buying anything which they want by using the internet.so people want to know more about this.
#12 by Renewable on January 15, 2009 - 1:49 pm
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Renewable Energy In The Home
http://renewableenergyinthehome.com
#13 by Brian on May 11, 2009 - 3:55 pm
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Is there financing for non-profits like churches ?
Right now in California there is state credits , no federal credits like homeowners get.
I also heard the new stimulus planmay have grants for PV panels purchasers. Does anyone know about this ?
#14 by FreeCleanSolar on August 2, 2009 - 9:20 am
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Anything that promotes the adoption of solar energy should be applauded.
Leasing is one option that makes sense for some homeowners, but it has some drawbacks. Notably, the savings are not as great as other purchase methods, there could be balloon payments, it requires a very high FICO, and there could be complications upon sales of the property. If you are worried about the upfront cost for solar panels, there are many financing programs available to homeowners with good credit. Some loans are tax-deductible too. Buying the system outright will generate the greatest savings.
To learn more about solar financing, costs, savings benefits and financing , then visit FreeCleanSolar.com. You can also search a nationwide network of 300 local solar installers and find information about state solar rebates and federal tax credits. The bottom line is that many homeowners and business owners can afford and save with solar power today.
#15 by Phil Bardsley on August 9, 2009 - 12:37 pm
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After 30 yrs in the corporate world and 3 recessions later and 3 layoffs – this is where I want to be , I learn more everyday – Please visit my store above and purchase something pass the link along – I really need help getting this started I pledge to give 10% of all my profit to providing solar to the needy . Also Floridians , This deal wont last http://sunnanosys.com/SpecialOffer.aspx?AID=13
#16 by Phil Bardsley on August 9, 2009 - 12:38 pm
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Please purchase at my new store and help the needy get solarhttp://www.sunnanosys.com/SolarStore.aspx?AID=13
#17 by Phil Bardsley on August 9, 2009 - 12:39 pm
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Please purchase at my new store and help the needy get solar http://www.sunnanosys.com/SolarStore.aspx?AID=13
Leave a Comment
#18 by solar panel Queen on September 22, 2009 - 6:55 pm
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Thank you! very nice post!
#19 by clark johnson on October 23, 2009 - 5:48 pm
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Hello, My name is clark johnson the M.D of clark johnson loan firm. I am a loan lender as well as an angel investor, I give out funds at low rate and i do this with low rate and the repayment duration depends on how much you need. I do not appreciate time wasters and i need you to understand that is you need funds are you are able to work with this firm, you will get your loan. If you need more information, contact me via mail: clarkjohnsonloanfirm@yahoo.com
#20 by Manendra on November 18, 2009 - 4:33 am
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You can get many reciprocal link exchange sites for loan website. So your site archive a high in search engine and get more traffic.
#21 by pastor william jones on November 20, 2009 - 5:09 am
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Thanks
pastor williams