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Top 12 Solar Panel Loan Sites
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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 VermontI 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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September 9th, 2008 at 4:14 pm
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
September 9th, 2008 at 7:12 pm
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!!
September 10th, 2008 at 8:05 am
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
September 19th, 2008 at 11:00 pm
Great information! Thanks for writing this. It is an honor to participate in the discussion.
September 20th, 2008 at 8:47 pm
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 !
September 28th, 2008 at 7:30 pm
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
October 5th, 2008 at 6:10 am
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
October 7th, 2008 at 10:10 pm
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November 16th, 2008 at 11:40 pm
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