Solar Financing & Incentives

Offers loans for residential solar projects up to $50,000 with no money down in terms of 8, 10, 12, 15 and 20 years. Interest rates vary from 2.99% to 9.99% depending on term and credit rating. All loans include a dealer fee (points on the loan) which can be added to the principle balance keeping the down payment at zero. Cal Paso Solar Electric can process applications very quickly over the phone, for instant pre-approval. Paperwork is very minimal and the loan is secured by a lien on the solar panels – not a 2nd lien as in a home equity loan.

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.