Category Archives: Solar Financing

Articles about the ways to finance a solar installation.

sungage financial review

Sungage Financial solar loans: the complete review

Reading Time: 4 minutes

Solar loans are the fastest growing method of financing a solar panel installation. Across the country, the majority of new solar installations are purchased with either a cash purchase or through a solar loan. Sungage Financial, based in Boston, Massachusetts, is a popular financier in the residential solar industry. If you’re comparing solar quotes from a few different solar installers, you may have received a loan option from Sungage. Here’s what you need to know about Sungage and their products.

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solar financing

Solar financier partnerships: what you need to know

Reading Time: 3 minutes

One of the most important choices to make as you’re going solar is which installation company to work with. Online reviews, industry certifications, years in business, and equipment manufacturer endorsements are just a few ways to gauge the reputation and experience of one company over another. If you’re planning on financing a system with a solar loan, it’s a good idea to keep an eye out for any partnerships with loan financiers, as they can be another indicator of a company’s credibility.

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Tesla solar renting vs leasing and loans

Tesla solar renting vs. leasing vs. buying solar panels

Reading Time: 5 minutes

Tesla’s recently announced solar rental program was met with high hopes, as a program with the potential to make solar more accessible to more homeowners. With a sense of how the program works, the question becomes: how do the savings from renting solar panels form Tesla compare to the savings from owning or leasing solar panels? 

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tesla solar renting

Tesla’s solar renting program: what you need to know

Reading Time: 4 minutes

Tesla solar is back. After quarter over quarter of declining solar installations, Elon Musk launched (via tweet, of course) a new product for residential solar: the Tesla solar rental program. The program is a return to Tesla’s SolarCity roots, with a unique twist on the product that made SolarCity the leading national installer of solar prior to its acquisition by Tesla. 

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lowtility home loan product

The Lowtility solar + home loan product: the complete review

Reading Time: 3 minutes

Buying a house is a major investment that comes with many long-term variables to consider, including location, home style, sales price, and monthly utility bills. During the process of applying for a home mortgage, new buyers may also have the opportunity to think about other large home improvement investments that they would like to make once they move in to either increase the value of their home or decrease their monthly homeownership costs. The new solar + home loan from Lowtility is a unique option for home buyers looking to do just that by financing both a house purchase and a solar energy system installation all at once.

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energize ct program

Energize CT rebates & energy efficiency upgrades for 2020

Reading Time: 4 minutes

Energize CT is Connecticut’s energy efficiency campaign and is sponsored by both your electric utility and energy efficiency providers. The program is available to renters, homeowners, and businesses across Connecticut. Here’s the breakdown of the different measures that you can take to reduce your energy use and resultant utility bills through the Energize CT program in 2020.

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bluewave flexrate review

BlueWave’s FlexRate loan: the complete review

Reading Time: 5 minutes

(Note: As of fall 2019, BlueWave no longer offers residential solar financing.)

Solar loans are an increasingly popular option for people interested in financing their solar panel systems. The trend away from leases and towards an ownership model like solar loans is a result of two key factors: the economic benefits and incentives available to solar customers and the greater accessibility of solar loan options.

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solar loan re-amortization

Solar loan re-amortization: an overview

Reading Time: 3 minutes

In recent years, solar loans have become a popular way to finance solar panel installations. While there are a number of loan options to consider, each with varying qualities, the majority of solar loan products share the trait of having fixed interest rates, monthly payments, and terms. If you’re looking for a solar loan option that allows you to adjust your monthly payment down the line, keep an eye out for re-amortization options.

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cancel a solar lease

Cancelling a solar lease contract

Reading Time: 4 minutes

If you were to ask your neighbor who installed solar five years ago about how they financed the system, it’s likely that they’re leasing their solar panels from a large, national solar provider like Vivint or SunRun. It was only recently that solar ownership options – either buying the system with cash upfront or financing through a loan – became the more popular option for homeowners investing in new solar panel systems.

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compare top solar lease companies

Compare the top solar lease companies: Sunrun vs SolarCity, Vivint, SunPower & Clean Power Finance

Reading Time: 4 minutes

Who are the top solar leasing companies in the country, and how do they differ in structure and business model? This article aims to answer these questions, examining some of the biggest solar lease providers in the US – SolarCity, Vivint SolarSunrun,  SunPower and Clean Power Finance.

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