There are several finance options for solar installation
Due to the large solar amount, various solar financing options are available, offered by banks and financing companies. All of them require a FICO score of at least 650.
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It’s a question we hear from homeowners all the time. As with any home renovation, a solar installation can be a sizeable investment to make in your home. The good news is there are several financing options available to help break the cost for solar into manageable monthly payments.
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It never hurts to check with your personal bank to see what their rates are if you decide to finance solar in Ohio. We have also had homeowners look into home equity lines of credit (HELOCs) to finance their solar installation. The state of Ohio has a program called Eco-Link which offers a reduced interest rate on home equity loans for energy efficiency upgrades. More info here.
If you’d rather leave your home equity alone, YellowLite is proud to partner with Clean Energy Credit Union. They specialize in clean energy loans, including loans for solar installations:
We also partner with Sunlight Financial who also specializes in solar financing.
We partner with Sunnova to provide solar panel leasing options to our valued customers.
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