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.
Continue readingCategory Archives: Solar Financing
BlueWave’s FlexRate loan: the complete review
(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.
Continue readingSolar loan re-amortization: an overview
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.
Continue readingCancelling a solar lease contract
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.
Continue readingCompare the top solar lease companies: Sunrun vs SolarCity, Vivint, SunPower & Clean Power Finance
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 Solar, Sunrun, SunPower and Clean Power Finance.
Continue readingEnergy tax credits that can save you money
Home energy upgrades can reduce your monthly electric bills, but they don’t always come cheap. Whether you’re interested in solar, energy efficiency, electric cars, or all of the above, there are energy tax credits available in 2020 that will make home energy upgrades easier on your wallet.
Continue readingMass solar loan: banks, prices, and program details
For homeowners in Massachusetts, finding a low-interest loan to finance their solar power system just got a lot easier thanks to the launch of the Mass Solar Loan program. The program, jointly administered by the Massachusetts Clean Energy Center (MassCEC) and Massachusetts Department of Energy Resources (DOER), leverages $30 million in public funds to make low-interest, fixed-term solar loans more accessible for homeowners in Massachusetts.
Continue readingAre Massachusetts’ solar incentives the best in the country?
When you think of Massachusetts, you may think of the historical city of Boston, its championship sports teams, or distinctive pronunciation of the letter “R”. Now, it’s time to add a new association to the list because Massachusetts solar incentives and programs are now considered some of the best in the country. In this article, we break down these incentives and explain why solar panels are such a great investment in Massachusetts in 2018.
Continue readingMosaic solar loans: everything you need to know
Solar loans are the fastest-growing method of financing a solar panel installation your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.
Mosaic is arguably the largest solar financing provider for homeowners in the country. If you’re comparing solar quotes from a few different solar installers, chances are you’ve encountered a loan option from Mosaic.
Continue readingHERO Solar Program: Loan Interest Rates, Terms, Pros and Cons
The HERO Loan Program by Renovate America is one of the most popular energy loan options in California. HERO loans offer reasonable interest rates that make it possible to fund energy upgrades like new windows and updated HVAC systems. Homeowners and businesses in hundreds of communities across the state have used HERO loans to make clean energy upgrades to their properties. One of the most popular uses for HERO loans is to reduce energy bills by installing solar panels.
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