Payment Options
Loan
The most common payment option is the loan. All our loans have the option of paying no money down. Whether your goal is to finance the:
- Lowest possible monthly payment
- Lowest APR
- No prepayment penalty
The 25-year Loan
- Lowest possible monthly amounts
- Easily transferable if you are moving
- Maximizes monthly savings immediately from your PG&E bill
- Fixed monthly costs to give you control and predictability with your monthly electricity expense
- Coincides with the warranty length/term
The 10-year Loan
- Fast payoff
- Lowest interest rate, as low as 0.99%
- Least amount of interest paid if carried for the full term
- Easily transferrable if you are moving
- Fixed monthly costs to give you control and predictability with your monthly electricity expense
We Also Offer
Pace Loans
- 5 years for quickest payoff
- Does not rely on credit score
- Use your home equity to secure solar loan
- Property Assessed Clean Energy loan
- Pay loan with property tax bill
- 30 Year Term available for lowest monthly cost
Not sure about your Credit? No problem. Call and ask about options that don’t affect your credit!
Cash
5-7 Years is typical projected ROI. Bigger bills will happen faster.
What should be considered when factoring ROI?…
- Tax Credit will give you NET cost. You would never achieve this tax credit unless you went solar.
- 6.8% yearly average rate increase with PG&E over time. See historic rate increases on our Tariffs page.
- Every dollar given to utility is rent money. Solar is an investment in your future. Home value studies have proven day 1 is the real ROI.
Reality is you just quit renting. You are now no longer at the mercy of rate increases. One less variable in your family’s financial well being.
Homes with solar continue to sell faster and for more money…
Other No Money Down Payment Options
LEASE
*Get the best yearly and bi-yearly PRODUCTION GUARANTEE.
- Pay less.
- Fixed cost.
- Choose 2-2.9% yearly escalator or no escalator.
- Does not show on credit report after initial check.
- BUDGET: Know what next month’s bill will be exactly.
SIMPLE SOLUTION with system that is insured and warranted.
Also, every now and then a family cannot utilize the tax credit.
This is rare. It may be a retired senior, low income homeowner or church, multi-millionaire, etc…
POWER PURCHASE AGREEMENT
Pay less for each kilowatt hour generated. Generally viewed as little to no risk.
- PPA balances monthly expenses organically.
- Option to buy at “Fair Market Value”. Eliminates risk.
- Lower monthly and yearly cost per kWh.
- Tax Credit is irrelevant
Going Solar Can Save You Money
How will going solar save you money? Your savings depend on factors like: where you live, your roof configuration, how much sunlight it gets, how much electricity you need, and how much you want your system to produce. You have the power to start saving money, choose the source of your energy, and to invest in your future!