Solar Energy Solutions

Residential Financing

Residential Solar

Solar energy is an excellent investment that will pay for itself over time. With a solar system on your home, you can save tens of thousands of dollars in electric costs. Solar is a home renovation that actually pays for itself without considering the increase in home value that solar gives your home. Now, with residential financing, making your solar purchase is easy, quick, and affordable. There are two great ways to finance a solar addition, one is a second mortgage or home equity line of credit (HELOC), and the other is an installment loan. A second mortgage or HELOC is a great way to use the value you have in your home to pay for the solar. An installment loan is a great way to finance solar if you don’t have the equity or are using it already for other home improvements.

Why We Offer Financing

Solar Energy Solutions offers financing to help customers achieve their clean energy independence goals. We are not a financial services company; all costs are passed through as we believe it is our ethical mission to bring you the best and most reasonable solar available, with no strings attached.

Installment Loan Financing

If a home equity loan isn’t right for you, there are other avenues to finance solar. SES has partnered with two financing companies, Dividend, and Sunlight Financial so we can offer you the best loan product for your goals.

Dividend Financial

We are thrilled to have both financing partners. Solar loan products are designed with solar in mind. In particular, they have longer terms to better fit with the lifecycle of the solar panels, and they have a payment structure that accounts for the tax credit. 

The beauty of the solar loan is that it was designed with the understanding that money from the tax credit sometimes isn’t available until up to 17 months after the installation, so payments are calculated assuming you will apply those funds by or on month 17. But, it’s up to you how much you want to apply and payments are adjusted from that point onward in the loan.

Solar Tax Credit 30%

HELOC (Home Equity Line of Credit)

A home equity line of credit (HELOC) via your bank or existing financial institution is usually the lowest-cost way to finance a solar project. The interest rates are dependent on credit rating and the amount of equity in your home. Some areas have special financing for home improvements, so talk to the solar consultant in your area to find out more.