Category Archives: Solar Financing

Articles about the ways to finance a solar installation.

home loan investment bank

Home Loan Investment Bank: a full service bank with solar lending options

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Solar loans are the fastest-growing method of financing a solar panel installation for your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.

Home Loan Investment Bank, headquartered in Warwick, Rhode Island, is a full-service bank that offers solar loans alongside other financing products. HLIB’s loans are accessible to solar shoppers across the country, and are one of the top 10 financing options available to solar shoppers on the EnergySage Solar Marketplace. If you’re comparing solar quotes from a few different solar installers, you may have encountered a loan option from Home Loan Investment Bank.

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Energy Loan Network review

Energy Loan Network review: everything you need to know

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Solar loans are the fastest-growing method of financing a solar panel installation your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.

Based in sunny California, Energy Loan Network (ELN) is a relatively new name in the solar lending industry. If you’re comparing solar quotes from a few different solar installers, you may have seen a loan option from Energy Loan Network.

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dividend solar finance review

Dividend Solar Finance review: loans that make going solar easier

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Solar loans are the fastest-growing method of financing a solar panel installation for your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.

Based in sunny San Francisco, Dividend Solar Finance is a big name in the solar lending industry and serves customers in 26 states across the country. If you’re comparing solar quotes from a few different solar installers, there’s a good chance that you have received an offer for an EmpowerLoan™ option from Dividend.

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federal solar tax credit

The federal solar tax credit: all you need to know

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The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. The average EnergySage Marketplace shopper saves nearly $9,000 on the cost of going solar as a result of the ITC. Curious as to how much you can save on solar? Read our article for more information based on your unique energy needs. 

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renew financial california first review 2018

Renew Financial review: everything you need to know about CaliforniaFIRST financing and PACE

Reading Time: 4 minutes

Solar loans are the fastest-growing method of financing a solar panel installation for your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.

Based in sunny California, Renew Financial is one of the leading providers of Property Assessed Clean Energy (PACE) financing in the country. If you’re comparing quotes for solar installations or other home energy upgrades from different contractors, you may have seen a CaliforniaFIRST or other financing option from Renew Financial.

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Solar leases

Solar leases: what you need to know

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If you’re looking to lower your electricity bill without any upfront costs, there’s a good chance you’re considering a solar lease. Under the right circumstances, solar leases can be an attractive option, offering cheaper electricity with very little hassle on your end. However, there are also instances in which a solar lease could cause trouble down the line, so it’s important to do your research before signing any contract. In this article, we’ll cover the basics about solar leases–from what they are to why you may or may not want to enter one. 

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Q&A with Sustainable Capital Finance

Q&A with Sustainable Capital Finance

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There are many reasons why commercial and industrial (C&I) solar installations are gaining attention: from saving money, to creating sustainable brand images, to supporting local economies, the benefits are numerous. Even still, with prices ranging from about $100,000 for small businesses to up to $1 million+ for larger businesses, the cost of a C&I system can certainly seem daunting initially. By working with a reputable financier, you can start saving money for your business on day one with a C&I solar system. With that in mind, we conducted a Q&A with Sustainable Capital Finance (SCF) to learn more about their company and their financial offerings. 

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solar loans

Solar loans: what you need to know

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Want to finance your solar panel installation? Cash purchases and solar leases (or PPAs) aren’t your only options. If you don’t have–or aren’t willing to spend–the capital for a cash purchase but want to maximize the financial benefits of a solar energy system, the solar loan offers the best of both worlds.

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Solar loans vs. solar leases

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So you know you want to finance your solar panel system, but one big question remains: should you lease your system from a company, or own your system and finance it with a solar loan? The answer here depends on a few factors, including your preferences, needs, and financial goals. 

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buy or lease solar panels

Should you buy or lease your solar panels?

Reading Time: 4 minutes

Whether you buy a system or lease it, going solar is one of the best ways to save on electricity bills. That said, the financing option you choose influences a number of factors, including  the costs, maintenance responsibilities, terms, savings, and the return on investment (ROI) of your solar panel system. 

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