A modern two-story California home with large solar panels installed on its slanted roof, bathed in warm sunlight. The house features a contemporary design with beige stucco walls, wooden garage doors, and large glass windows. A sleek white electric car is parked in the driveway. The front yard is landscaped with drought-resistant plants, rocks, and small trees, reflecting a sustainable and eco-friendly lifestyle. The sky above has soft, golden clouds, enhancing the warm and inviting atmosphere.

Affordable Solar Financing in California | Go Solar for Less

Switching to solar energy in California is an excellent way to reduce electricity bills and contribute to a greener future. However, the upfront cost of installation can be a concern for many homeowners. Fortunately, there are several alternatives to paying cash. Here are the main ways to finance a solar installation in California:

Financing options:How it works:Pros:Cons:Best for:
Solar loans
(See Go Green below)*		Borrow money to purchase a solar system, with repayment over timeOwn the system & qualify for 30% tax credits (that is still available in 2025)No upfront costShort-term and long-term savings with a finish lineMonthly loan paymentsInterest costs depend on credit scoreHomeowners who want to own their system with flexible payment options
Solar leaseRent the system from a solar provider for a fixed monthly feeNo upfront costMaintenance covered by providerNo ownership or tax creditsLong-term contract commitmentsHomeowners who want lower electricity bills without system ownership
Power purchase agreements (PPA)Pay for the electricity the system generates, rather than leasing the system itselfNo upfront costLower electricity rates than utility companiesNo ownership or tax benefitsRate increases over timeHomeowners who want lower electricity bills without system ownership (with the option to buy the system later)
PACE (Property Assessed Clean Energy Financing)Solar costs added to property taxes and paid over timeNo upfront costLong repayment termsStays with the property, if soldAvailability depends on local programsCan make selling a home more complexHomeowners who prefer property tax-based financing with long repayment terms
Federal State IncentivesRebates and tax credits that lower solar costs30% federal tax credit availableNet metering allows selling excess powerIncentives may change over timeHomeowners who purchase their system and want to maximize savings

*Go Green Financing: A Tailored Loan Option

For those considering a solar loan, Go Green Financing offers a competitive solution. Unlike traditional loans, this program provides interest rates based on credit score, ensuring better terms for qualified homeowners.

Who Qualifies?

  • Customers of PG&E, SCE, or SDG&E
  • Minimum credit score of 580
  • Scores above 700 may qualify for the lowest available rates
  • Interest rates anywhere from 3.98% to 7.98% based on credit scores/income
  • Income verification required

A unique perk of Go Green Financing is flexibility—up to 30% of the loan can be used for home improvements like landscaping to increase your property’s value.

With a range of financing options available, there’s never been a better time to go solar in California. Whether through loans, leases, or government incentives, there’s a solution to fit your budget and energy goals.

If you want to learn more about which option might work for you, call or text us today at 925-833-2641 to schedule a discovery meeting!

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