Financing Guide
Solar Financing Options
Compare financing methods to find the best option for your budget and goals. Own your system or go solar with $0 down.
$0
Down Payment Available
5.99%
Average Loan Rate
20yr
Flexible Terms
Choose Your Financing Method
Each financing option has unique benefits. Compare ownership vs. leasing to find what works best for your situation.
Cash Purchase
Pay upfront and own your system completely
Upfront Cost:$15K - $30K
Monthly Cost:$0
Tax Credit:You Keep 100%
â
Maximum Long-Term Savings
Solar Loan
Finance with $0 down and own your system
Down Payment:$0 - $2,000
Monthly:$100 - $200
Tax Credit:You Keep 100%
â
Most Popular Option
Solar Lease
Rent your solar system monthly
Down Payment:$0
Monthly:$50 - $150
Tax Credit:Leasing Co.
â ī¸ Lower Long-Term Savings
Power Purchase Agreement
Pay only for the power you use
Down Payment:$0
Per kWh:$0.06 - $0.10
Tax Credit:PPA Provider
â ī¸ Lowest Upfront, Less Savings
25-Year Savings Comparison
| Feature | Cash | Loan | Lease | PPA |
|---|---|---|---|---|
| Upfront Cost | $20,000 | $0 - $2,000 | $0 | $0 |
| Monthly Payment | $0 | $150/mo | $100/mo | ~$90/mo |
| System Ownership | â Yes | â Yes | â No | â No |
| Tax Credit | $6,000 | $6,000 | $0 | $0 |
| 25-Year Savings | $45,000 | $35,000 | $20,000 | $18,000 |