Solar Financing & Incentives
We’ll maximize your solar investment
We assist our customers in receiving the incentives and rebates available through government and vendor-related programs that help reduce the costs of a solar power system.
In today’s evolving renewable energy marketplace, the benefits of installing a solar power system are quickly overcoming the impact of costs. Industry-wide competition continues to drive the prices of panels, inverters, and additional components down, providing more financially manageable options for consumers of all levels.
Currently, a federal tax credit of 30% is available for all new solar power installations. This includes expenditures like labor costs, assembly or installation, and piping or wiring to interconnect the system to a home or business. Plus, commercial customers can depreciate the costs of the equipment over time. And, if the federal tax credit exceeds tax liability, the excess amount can be carried forward to the next taxable year.
Offers home equity lines of credit for solar power projects. A home equity line of credit is a form of revolving credit in which the home’s equity serves as collateral. The approved amount of credit is based on an appraisal of the current value of the home. There is a minimum loan amount of $25,000 and a maximum of $500,000. Interest rates are generally about the same as current mortgage rates and the term is for 25 years. A home equity line of credit provides the option of paying interest only for the first 10 years or it can be pre-paid in any amount, at any time, with no penalty. This is by far the most flexible type of loan for solar.
Provides flexible financing solutions for farmers and ranchers through a variety of loan and lease options. They offer competitive rates, fast approval, and convenient options.
Let Cal Paso Solar Electric show you how to take advantage of all the benefits, incentives and rebates available for your unique solar power installation. Our knowledgeable staff simplifies the process and handles all of the paperwork so you can start enjoying clean, renewable solar energy for your home or business.
100% financing with no upfront out-of-pocket costs. Fast in-home approvals. Borrow up to 15% of property value. Flexible repayment terms: 5, 10, 15, 20, 25 or 30 years. Balance may transfer to new owner upon sale subject to lender approval. $0 down financing makes home improvements easy! They provide fast approvals and fixed rates, which is a smart choice to make your home more energy efficient. They only use high quality finance products that meet state and national standards for energy efficiency. That way, with Renew Financial, you know you’re getting quality products for your home.
FREE ENERGY ANALYSIS
We offer a free analysis of your home or business and a written estimate. Our sales staff will meet with you at your home or business, or in some cases, we can assess your solar power needs right from our office. All that is required is a single PG&E statement showing your account and meter information to provide a complete analysis of your needs and accurate pricing for your system. Please use the contact form or call our office for more information or to schedule your free energy analysis!