Financing Options

The Pros of Pre-Qualification

Financing a home solar system can be approached in several ways, depending on your financial goals and resources. We recommend getting pre-qualified for a loan because of time savings and the information it provides you when you’re ready to move forward with your solar project.

Our preferred option for prequalifying is Atmos Financial, a financial technology company (not a lender). Their friendly team can perform a soft inquiry on your credit report to determine your financing options, and this will not impact your credit score. Click the button below to explore Atmos for yourself.

Many Financing Options Exist

Many homeowners choose to finance through home equity lines of credit, personal loans, or specialized solar loans. After applying federal or state incentives, some borrowers make a lump sum payment toward the loan to reduce the balance.

Solar loans can be secured by the home or the solar equipment itself, and interest rates and terms vary depending on the lender. Some utility companies also offer low-interest solar loan programs with on-bill repayment. Over time, monthly energy savings can help offset loan payments.