Solar Financing Made Easy
Solar Financing is made easy with Good Energy Solutions. We offer several easy and affordable financing options for solar, batteries and energy efficiencies, so you can reap the benefits of owning your system, including tax credits and increased property value. (Read our blog post regarding property value) Many of our financing solutions are NO MONEY DOWN and offer energy savings in the first year! A Good Energy Solutions representative can sit down with you and develop a custom plan along with your custom solar design.
Residential Home Solar Financing
Home Equity Line of Credit (HELOC)
Financing with a Home Equity Line of Credit allows you to use the equity in your home to reinvest in your property with Solar PV. You may obtain a Home Equity Line of Credit Through Your Current Home Lender or Good Energy Solutions can refer you to a lender who knows the value of Solar.
If you do not have equity in your home you may quality for an unsecured loan. Good Energy Solutions can help you find the best rate on a unsecured loan. Unsecured loans are great for people who either don’t have equity in their home or who don’t want to use the equity that they have to finance their solar project. Good Energy Solutions has partnered with EnerBank to offer the best unsecured financing options on the market. EnerBank is a national company that specializes in residential solar financing. Their process is easy and you can get approved within minutes. Contact your Good Energy Solutions Solar Consultant for more details.
Clean Energy Credit Union: Clean Energy Credit Union’s mission is to promote clean energy, environmental stewardship, and cooperative enterprises through the financial services they provide to their members. They offer customized loans that are specifically tailored to – and that reduce the cost of – clean energy products and services.
When financing a new solar electric system, you can choose one or both* of these loan types:
- A 12– or 18–month loan that covers your solar tax credit (i.e. the Section 25D federal income tax credit that’s available for new residential solar electric systems at up to 22% in 2021).
- A 12–year, 15-year or 20-year, fixed rate loan on the remaining portion of your solar electric system cost (i.e. up to 78% of the eligible project cost in 2021).
* Combining both of these loan types together is commonly called a solar electric system “combo loan.” Learn How Combo Loans Work
Commercial Business Energy Efficiencies and Solar Financing
Commercial PACE (C-PACE) Solar Financing in Missouri
The program provides private capital from lenders for commercial building upgrades, retrofits, and new construction that improve energy performance. With C-PACE repayment is made through the business’s property tax bill over the life of the upgrades, allowing most projects to be cash flow positive on day one. Contact Good Energy Solutions to see if your Missouri Business qualifies.
Commercial Solar Financing in Kansas and Surrounding States
No Money Down financing is available for businesses in Kansas & surrounding states. Terms range from 7 to 20 years & non-profits may qualify for certain financing options.
Contact us to get started saving energy by financing a home solar or commercial solar and/or energy efficiencies project today!