Financing Options
Paying for solar, explained plainly.
Solar is a long-term investment, and there is more than one way to pay for it. Ask about financing when you request your assessment, and we'll walk you through the options available for your project.
Common ways to pay
How solar projects are paid for.
The right approach depends on your budget, goals and what's available when you're ready to move forward.
Cash purchase
Paying for the system outright avoids interest costs and keeps the arrangement simple. Your proposal shows the itemized project price.
Solar & home-improvement loans
Loans arranged through third-party lenders or your own bank or credit union. Availability and terms depend on the lender and your approval.
Business & public-sector funding
Businesses and public facilities often use capital budgets, commercial loans or program funding where they're eligible. We provide the documentation these processes need.
How it works
How to ask about financing.
Request an assessment
Let us know you'd like to discuss financing when you reach out.
Review your proposal
You receive an itemized proposal so you know the full project price before financing is discussed.
Explore available options
We explain the financing options available for your project at that time.
Apply with the lender
Applications, approval and loan terms are handled directly between you and the lender.
Schedule installation
Once financing is in place and your agreement is signed, we move ahead with permitting and installation.
Before you sign
What to compare.
Whatever option you choose, look at the full picture, not just the monthly payment.
- The total cost of financing over the life of the loan
- Interest rate and APR
- Loan term and monthly payment
- Fees, prepayment penalties and other conditions
- How the payment compares with your current energy costs
- Whether any incentive or tax assumption is built into the offer
Good to know
Incentives, savings and advice.
Incentives vary
Tax credits, rebates and utility programs depend on the equipment, project type, your situation and current law. Eligibility is not guaranteed, and financing should not depend on assumptions you haven't confirmed.
Savings aren't guaranteed
Our estimates are based on documented assumptions about usage, production and utility rates. Actual savings vary over time.
Pennsylvania SRECs
Eligible Pennsylvania systems may generate SRECs with market value that changes over time. Learn about SRECs.
Get professional advice
Genesis Solar is not a lender and does not provide financial or tax advice. Talk with a qualified tax or financial professional about your situation.
Questions
Financing FAQ.
Do you offer financing?
Ask about financing when you request your assessment. Financing is subject to lender approval and available terms.
Do I need a down payment?
Down payment requirements, rates and terms depend on the lender and your approval. We don't promise specific financing terms, but we'll explain the options available for your project.
Can I use my own bank, credit union or home equity loan?
Yes. You can arrange your own financing. We provide an itemized proposal and project details your lender may ask for.
Will solar pay for itself?
It depends on system cost, your energy use, production, utility rates and any incentives that apply. We show the assumptions behind our estimates, but savings and payback are not guaranteed.
Do incentives reduce what I pay?
Some incentives may apply depending on the equipment, project and current program rules. Eligibility and value are not guaranteed. Consult a qualified tax professional about tax benefits.
How do businesses and public facilities pay for solar?
Commercial and public projects are often funded through capital budgets, commercial financing or program funding where eligible. We provide the itemized pricing and documentation those approvals need.
Get started
Ask about financing.
Request an assessment and let us know you'd like to discuss financing. We'll start with a clear, itemized proposal.
Financing is subject to lender approval and available terms. Genesis Solar is not a lender and does not provide financial or tax advice. Savings, incentives and SREC value vary and are not guaranteed.