Solar Financing

Save More with the Most Cost-Effective Loans & Solar Financing from Elbac Solar

What Are Your Solar Financing Options?

The immediate and long-term financial benefits of switching to solar power make these renewable energy systems a great investment, but they can be a sizeable upfront cost. There are three primary ways to pay for solar:

  • Cash purchase

  • Solar loan

  • Solar lease/power purchase agreement (PPA)

To own your solar panel system outright and benefit from any rebates and financial incentives, paying with cash or a loan is the preferred method.

Comparing Solar Loans

The average solar panel system, including installation, can cost anywhere from $15,000 to $25,000, according to the Center for Sustainable Energy. Though many are able to recoup this in savings after about 7-8 years, the initial upfront cost leads many homeowners to look for solar loans to help. Solar loans can be acquired through local and national banks, specialty lenders, manufacturers, and credit unions.

Considerations to keep in mind include:
  • Competitive interest rates
  • Low fees
  • No down payment
  • Flexible terms

A Few Of Our Financing partners

Make the Switch to Solar In 5 Easy Steps

1

Schedule a Free Consultation with Elbac Solar

2

Develop a Custom Solar Design

3

Site Survey & Request for Permitting are submitted

4

We Install your New System and Schedule Inspections

5

Power On! You enjoy clean, affordable energy through your Solar Power System.

Which Solar Financing Option Is Best for You?

The best solar financing options for you will largely depend on your financial situation. If you, like most people, are looking for a monthly financing option, shopping around for multiple quotes to find the one that works for you would be best.

To make things easier for you, Elbac Solar has partnered with multiple  lenders allowing us to provide homeowners with the best financing terms in California and surrounding areas.

Save More with Elbac Solar – No Money Down Solar Energy Systems

Our preferred lenders protects homeowners by performing extensive research on the Contractor’s State License Board (CSLB) to ensure their business partners (like Elbac Solar) are reputable companies that are license, bonded, and insured.

Their commitment to homeowners and the environment is what Elbac Solar values. 100% of your investment will fund clean energy technologies and infrastructure that combat the global climate crisis – a mission Elbac Solar is clearly passionate about as well.

Get A FREE ESTIMATE

Elbac Solar is proud to work alongside our Solar Lending Partners, offering homeowners looking to reduce their carbon impact and improve their Utility Power Savings with the most cost-efficient solar energy systems in the county.

To get the loan process started, complete our online application and load document execution to begin lowering your electric bills, locking in current rates today with no money down.

Fill Out the Quick Form