There are many method of financing solar power for your home. The options described below lower the cost of installing a solar energy system.
- Some banks offer energy efficient mortgages for purchases of new homes with solar energy systems, as well as refinancing options for the addition of a PV or solar thermal system to an existing home. Learn more about energy efficient mortgages.
- Federal and state governments offer tax credits for PV and solar thermal systems. Learn more about solar tax credits.
- Some PV providers offer solar leasing. Learn about leasing solar panels.
- Solar PPAs are agreements wherein a third party owns the system, and the customer only pays for the electricity generated. Learn more about solar PPAs.