Solar Financing Options

Solar Financing Options

Solar Financing Options

Solar Financing Options

Solar Financing Options

Solar Financing Options

Flexible Solar Financing Fit Your Home

Solar can be more accessible than you think, it may cost less than your current electric bill.¹ Homeowners now have multiple financing options to bring clean, renewable energy to their homes with manageable monthly payments.

Choose the Right Financing Option

Complete Ownership Ownership provides direct control and long-term savings from your solar system.

Cash purchase
Loan

Cash Purchase

  • Own your solar system outright with a one-time payment.
  • Take advantage of state and local incentives immediately.*
  • Reduce electricity bills over time while building long-term home value.

Loan

  • We work with lending partners to offer $0 down² options for qualified customers, subject to credit approval and lender terms.
  • Going solar may help lower your electricity bills² while powering your home with renewable energy.

We work with lending partners to offer $0 down² options for qualified customers, subject to credit approval and lender terms. Going solar may help lower your electricity bills² while powering your home with renewable energy.

Third Party Ownership (TPO)

TPO allows you to access solar energy without owning the system. There are two main types:

Lease
Power purchase agreements

Lease

  • Pay a fixed monthly rate for using the system.
  • The system is installed, maintained, and insured by the provider.
  • Flexible way to access solar energy, with little or no upfront cost² for qualified customers, subject to credit approval and provider terms.

Power Purchase Agreements (PPAs)

  • Pay only for the electricity the solar system produces.
  • The system is installed, maintained, and insured by the provider.
  • A flexible way to access solar energy, with little or no upfront cost² for qualified customers, subject to credit approval and provider terms.
  • Rates are typically lower than utility electricity rates, depending on the agreement.

Note:

Depending on your state, one option may be available while the other may not.

How financing can work for you

How Financing Can Work for You

Flexible financing, paired with incentives, rebates, and credits, may reduce the upfront cost of solar:

  • We work with lending partners to offer $0 down² options for qualified customers, subject to credit approval and lender terms.
  • Payment plans designed to fit your monthly budget.
  • Federal and local incentives may apply to help lower your initial investment.

Roles and Obligations: Homeowners and Providers

Other Obligations For any other obligations not mentioned here, please refer to your lease contract and Performance Guarantee**.

Contact Us

Solar Provider or TPO Obligations:

Service all system components according to warranties. Maintain insurance on the system. Monitor systems via the provider’s monitoring platform. Provide a Performance Guarantee for eligible systems**. Comply with all terms of the lease or TPO agreement.

Homeowner Obligations:

Important Legal Notices

* FN1 that the availability of state and local incentives depends on general availability, consumer qualification, etc.

¹ Results may vary and do not represent the average customer experience. Savings depend on equipment, system size, orientation, shading, sunlight availability, utility rates, and eligibility for incentives or net-metering programs.

** Performance Guarantee terms vary by system and financing option.

For qualified customers only.

² Financing availability and terms vary. Savings are not guaranteed and depend on your system’s performance, energy use, utility rates, and financing costs.