Financing for Solar Energy

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The long-term benefits of installing a solar energy system include a great return on investment, but it is still a significant financial commitment, and the up-front costs can be intimidating. We provide a wide range of financing options, and we’ll work with you to help you understand the details of each so that you can make a good decision for your situation regardless of the solar system type.

Solar Energy Financing Options

Prime Solar offers a special financing solution for our customers, but there are a variety of local and national options when it comes to loans and lenders.

Sunlight Financial

A Sunlight Financial loan provides an affordable and consumer-friendly solar loan that is hassle-free, gives instant credit approval, and has various loan terms. Sunlight Financial has forged strong partnerships with the most innovative companies in the industry.

Energy Loan Network Lenders

Energy Loan Network Lenders offer the most consumer friendly repayment terms in the industry, with no homeowner fees or pre-payment penalties. Homeowners love their competitive loan products and excellent service.

Service Finance Company, LLC

Service Finance Company, LLC is a nationally licensed sales finance company and an approved FHA Title I Lender. They provide more than fifty financing solutions.

Sunnova

Sunnova provides solar loans that save money and save energy.

  • Lease, PPA, and Loan Options available
  • Finance solar and battery packages
  • $0 Down
  • Affordable payments
  • No penalties for paying off loan early
  • “Bumper-to-bumper” 25-year warranty
  • Everything is transferrable

Safe 1 Credit Union

Safe 1 Credit Union is a local solution for your solar financing needs. There are many benefits to Home Equity Loans, including:

  • No Fees and No Points
  • Loan amounts from $10,000 to $100,000
  • Borrow up to 80% – 90% of appraised value
  • Terms from 12 to 20 years depending on the loan type selected
  • Usually closes in as little as 15 business days

Service Finance Company, LLC

Service Finance Company, LLC is a nationally licensed sales finance company and an approved FHA Title I Lender. They provide more than fifty financing solutions.

Sungage Financial

Sungage Financial is the nation’s first exclusive provider of loans designed specifically for residential solar installation. A Sungage Financial loan provides an affordable and consumer-friendly solar loan that is hassle-free, gives instant credit approval, and has various loan terms.

Cash

A cash purchase is the payment option that will typically provide the largest savings over the long term. You don’t pay interest. Most customers that pay cash withdraw the funds from a savings account, a certificate of deposit, a brokerage account, or a 401k (It is always a good to consult with your financial advisor regarding the best source of cash).