Finding low interest loans for residential solar installation can be a challenge, but there are a number of options we can help you explore. Traditional options include home equity loans or mortgage refinancing as well as unsecured lines of credit for those who qualify. More recently solar leasing options have become popular, enabling home owners to install solar with little or no money down.
Another recent financing option was made possible by the passage of AB811 and AB 474. These bills allow solar and other energy and efficiency upgrades to be financed by attaching payments to future property taxes. Examples of these programs, known as Property Assessed Clean Energy (PACE) programs, include:
Many of these financing options continue to shift and evolve as different communities develop unique ways to support home owners and businesses to go solar. At Gaia we track the most up to date information on all available financing options. Give us a call and we’ll be happy to give you a detailed appraisal of you financing options.