Finance your solar energy system

EnergySage is the leading source of solar financing information. Review your financing options below to learn more.

Solar Financing FAQ

What solar energy rebates and incentives are available?

Solar rebates and incentives vary depending on where you live. The most significant is the 30 percent federal investment tax credit (ITC), which allows you to deduct 30 percent of the cost of your solar energy system from your taxes. Some states offer additional tax credits, and certain municipalities and utilities also offer cash rebates or other incentives.

What are my solar financing options?

There are three solar financing options: you can purchase your system in cash, take out a solar loan to buy your system, or sign a solar lease/power purchase agreement (PPA). EnergySage’s Instant Estimate Tool can help you assess the costs and 20-year savings of each solar financing option; its calculations are based on your roof plus real quote data from your area.

Should I buy or lease my solar panel system?

The decision to buy or lease your solar energy system depends on your reasons for going solar. If you are interested in maximizing the financial returns of your solar energy system, buying the system is probably a better decision for you. However, if you prioritize an easy, maintenance-free way to reduce your energy bills and help the environment, you should consider a solar lease.

Which is better – solar loans or solar leases?

Solar loans and solar leases each have advantages and disadvantages. Both options reduce your monthly electricity bills and your impact on the environment, but the terms and conditions of each type of agreement are different. Compare solar loans and solar leases on EnergySage to determine which one is right for you.

What is the difference between secured solar loans and unsecured solar loans?

The primary difference between secured and unsecured solar loans is that secured solar loans require that you promise an asset, usually your home, as collateral for the money that you borrow. Unsecured solar loans do not, but their interest rates are generally higher to compensate for the increased risk taken on by the lender. To understand which financing option is best for you, evaluate offers for both secured and unsecured loans on EnergySage.

How do I choose the best solar loan?

Many different institutions offer solar loans, including local and national banks, specialty financing companies, manufacturers, and credit unions. To choose the best solar loan for you, compare options from a few different financing providers. Use the EnergySage Solar Marketplace to review multiple equipment, installer, and financing options.

Still have more questions?
Visit our solar financing section
Company
Service Area
Products
Term
Service Area AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, ID, KS, LA, MA, MD, ME, MI, MN, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WY
Loan Types Mortgage, Equipment
Term 5-20 years
Service Area CA, CT, DE, IN, MA, MD, NC, NJ, PA, VT
Service Area GA, NC, SC, TN
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Service Area AZ, CA, CT, MA, NC, NJ, NY
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Service Area CT, MA, NJ
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Service Area AZ, CA, CO, HI, MA, NJ, OR, PA
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Service Area CA
Loan Types Equipment
Term 12-20 years
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Service Area AZ, CT, DE, HI, MA, MD, NC, NJ, NV, OR, VT
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Service Area AZ, CA, CO, CT, DC, DE, MA, MD, NJ, NM, NY, VT
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Service Area
Loan Types Equipment
Term 10 years
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Service Area TX
Loan Types Mortgage, Equipment
Term 5-10 years
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Service Area MA, RI
Loan Types Mortgage, Equipment
Term 10 years
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area MA
Loan Types Equipment
Term 15 years
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Service Area
Loan Types Equipment
Term 10 years
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Service Area
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage, Equipment
Term 10-20 years
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Service Area AZ, CA, DC, FL, HI, MD
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Equipment
Term 12 years
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage, Equipment
Term 12 years
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Service Area
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Service Area AZ, CA, CO, CT, DE, HI, LA, MA, MD, MO, NJ, NM, NV, NY, OR, PA, TX
Loan Types Equipment
Term 25 years
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Service Area CO, NM
Loan Types Mortgage
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Service Area
Loan Types PACE
Term 5-20 years
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Service Area
Loan Types Mortgage, Equipment
Term 2-5 years
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Service Area VA
Loan Types Mortgage, Equipment
Term 20 years
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Service Area CA
Loan Types Equipment
Term 10 years
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Service Area
Loan Types Mortgage, Equipment
Term 2-7 years
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Service Area CA
Loan Types Mortgage, Equipment
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Service Area CA
Loan Types Equipment
Term 6 years
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Service Area CA
Loan Types Mortgage, Equipment
Term 2-8 years
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage, Equipment
Term 20 years
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Service Area CO
Loan Types Mortgage, Equipment
Term 3-15 years
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Service Area TX
Loan Types Mortgage, Equipment
Term 20 years
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Service Area CA
Loan Types Mortgage, Equipment
Term 5-20 years
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Service Area CO
Loan Types Mortgage, Equipment
Term 5-20 years
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Service Area FL
Loan Types Mortgage, Equipment
Term 10 years
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Service Area FL
Loan Types Mortgage, Equipment
Term 5-15 years
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Service Area HI
Loan Types Mortgage, Equipment
Term 20 years
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Service Area ID
Loan Types Mortgage, Equipment
Term 5 years
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Service Area IA
Loan Types Mortgage, Equipment
Term 20 years
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Service Area MI
Loan Types Mortgage, Equipment
Term 1-10 years
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Service Area MN
Loan Types Equipment
Term 20 years
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Service Area MT
Loan Types Mortgage, Equipment
Term 1-20 years
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Service Area NE
Loan Types Mortgage, Equipment
Term 10 years
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Service Area NC
Loan Types Mortgage, Equipment
Term 7 years
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Service Area OH
Loan Types Mortgage
Term 7 years
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Service Area OH
Loan Types Mortgage, Equipment
Term 5 years
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Service Area OR
Loan Types Mortgage, Equipment
Term 10-20 years
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Service Area SC
Loan Types Mortgage, Equipment
Term 10 years
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Service Area TX
Loan Types Mortgage, Equipment
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Service Area WA
Loan Types Mortgage, Equipment
Term 7 years
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Service Area WA
Loan Types Mortgage, Equipment
Term 10 years
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Service Area WI
Loan Types Mortgage, Equipment
Term 15 years
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Service Area CA
Loan Types PACE
Term 20 years
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Equipment
Term 20 years
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Service Area WA
Loan Types Mortgage, Equipment
Term 15 years
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Service Area CA
Loan Types PACE
Term 5-25 years
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Service Area CA, FL
Loan Types PACE
Term 5-20 years
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Service Area CA, CO, CT, DC, DE, MA, MD, NH, NJ, NY, OR, TX, VT
Loan Types Equipment
Term 5-20 years
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Service Area AZ, CA, CO, CT, HI, MA, NJ, NY, OR, UT, WA
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Service Area CA
Loan Types Equipment
Term 8-20 years
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage, Equipment
Term 3-20 years
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area AZ, CA, CO, CT, DC, DE, HI, MA, MD, NH, NJ, NM, NV, NY, OR, PA, RI, TX, VT, WA
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage
Term 15 years
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Service Area CA, CT, FL, IN, KY, NY, PA, VA
Loan Types PACE
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage
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Service Area
Loan Types Equipment
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Service Area
Loan Types Mortgage, Equipment
Term 12-20 years
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Service Area
Loan Types Mortgage, Equipment
Term 15 years
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Service Area
Loan Types Mortgage, Equipment
Term 15-20 years
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Service Area CT
Loan Types Equipment
Term 12 years
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Service Area NV, OR
Loan Types Mortgage, Equipment
Term 10 years
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Service Area NY
Loan Types Mortgage, Equipment
Term 20 years
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Service Area
Loan Types Mortgage
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Service Area CT, DC, MD
Loan Types Mortgage, Equipment
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Service Area AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Loan Types Mortgage
Term 10-30 years
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Service Area MA
Loan Types Equipment
Term 10 years
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Service Area AZ, CA, CO, FL, GA, MI, MN, NC, NJ, OH, OR, SC, TN, TX, UT, WA
Loan Types Equipment
Term 10-20 years
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Service Area MA
Loan Types Mortgage, Equipment
Term 20 years
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Service Area MA
Loan Types Equipment
Term 5-15 years
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Service Area
Loan Types Equipment
Term 10 years
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