Solar Financing
Solar Financing for the Carmel, Monterey, Santa Cruz and Salinas Area
Own your solar system with $0 down.
Solar financing makes it easier to pay for a solar panel and/or solar battery installation at your California home or business. Premo Solar offers zero-down financing with fixed monthly payments and low interest rates, allowing you to own your solar system and take advantage of incentives like the federal solar tax credit without having to pay for the installation upfront.
Buying vs. Financing Solar Panels
- Own Your Solar System
- Receive Tax Credits
- Receive Incentives
- Down Payment
- Monthly Payment
- Payment Terms
- Term Length
- Workmanship Warranty
- Equipment Warranty
Cash
- Own Your Solar System
- Receive Tax Credits
- Receive Incentives
- Down Payment$0
- Monthly PaymentNone
- Payment Terms90% at installation
10% at system start up
- Term LengthN/A
- Workmanship Warranty10 years
- Equipment WarrantyUp to 25 years (dependent upon equipment used)
Solar Loan
- Own Your Solar System
- Receive Tax Credits
- Receive Incentives
- Down Payment$0
- Monthly PaymentFixed monthly payments after one year
- Payment Terms$0 at signing
$0 at installation
$0 at system start up - Term LengthVaries
- Workmanship Warranty10 years
- Equipment WarrantyUp to 25 years (dependent upon equipment used)
Solar Financing FAQ
Get answers to common questions about solar financing.
Don’t see your question answered here? Contact our experts and we will be happy to help.
Premo Solar offers zero-down financing with fixed monthly payments and low interest rates through Mosaic, CED Green Tech, and Enerbank. To learn more about the specific solar financing options available to you, contact Premo Solar today.
There are several residential solar incentives available in California, including:
- The Investment Tax Credit (ITC)
- Net Energy Metering
- Solar Energy System Property Tax Exclusion
- Self-Generation Incentive Program
With solar financing in California, you are the owner of the solar power system. This means you still qualify for solar incentives with a solar loan.
When choosing a solar loan, you’ll want to evaluate the different options available—taking into consideration the lender, down payment, interest rate, payment terms, and term length. As an experienced solar installer near you in CA, Premo Solar will be able to help you compare options and choose the solar loan that’s right for you.
Before you take out a solar loan, it’s a good idea to find out how much you’ll save with solar panels and how quickly you’ll be able to pay back the loan. Premo Solar can calculate how much you’re likely to save with solar panels by evaluating your monthly electricity bills. Call us today to get a solar savings estimate.
Check out our videos to learn about solar panels, solar battery backup, plus incentives, and rebates in the Monteray, Salina, Carmel, and Santa Cruz areas.
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