855 Going Solar
(855) 464-6476
855 Going Solar
(855) 464-6476
Financing Options and Tax Incentives
855 Going Solar is happy to work with your own financial institution. Additionally, we have coordinated with the below finance sources for your convenience.
Providing financing options for those who dream of living a more sustainable lifestyle.
Visit www.loanpal.com
Leading residential solar and energy storage service provider.
Visit www.sunnova.com
Award-winning Ygrene offers no money down financing for energy efficiency, renewable energy and hurricane protection home improvements, conveniently repaid with your property taxes.
1. Ygrene Benefits
- 100% Financing No Money Down
- No Payment For Up To 17 Months2
- Approval Is Based Primarily On Property Equity
- Fixed Rates, Flexible Terms Up To 30 Years3
- No Minimum Credit Score Required4
- Get Approved In 30 Minutes Or Less
2. While PACE programs are enabled by state legislation and must be approved by your local government, Ygrene is not a government program.
3. Subject to underwriting guidelines and approval; timing of first payment depends on date of funding, interest accrues after funding.
4. Terms of 10, 15 and 20 years are valid in all Ygrene service areas; 25 and 30 year terms are available depending on service area as well as type and estimated useful life of the improvement.
5. While Ygrene does not consider your credit score, we will pull your credit during underwriting in order to determine your eligibility.
Tax Credit
The Solar Incentive Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Since the ITC was enacted in 2006, the U.S. solar industry has grown more than 8,600% – creating hundreds of thousands of jobs and investing billions of dollars in the U.S. economy in the process. In 2015, SEIA successfully advocated for a multi-year extension of the credit, which has provided critical stability for businesses and investors. Despite the overwhelming success and popularity of the ITC, the value of the credit will unfortunately start decreasing after 2019.
The ITC is a 26 percent tax credit for solar systems on residential (under Section 25D) and commercial (under Section 48) properties.
The residential and commercial solar ITC has helped the U.S. solar industry grow by more than 5,000% since it was implemented in 2006, with an average annual growth of 50% over the last decade alone.
855 Going Solar
(855) 464-6476
Increase the value of your home…
Studies show that homeowners pay a premium for a solar home. One study by Lawrence Berkeley National Laboratory showed that on average, solar increased the value of a home by about $15,000.