Financing Solar | How much does solar power cost?

Once you have decided to go for a solar power system, there is a need to study the solar finance options available. Although, incentives make the system affordable, the solar finance options allow you to put your money where it maximizes your returns for each dollar. The challenge of getting solar financing right is one that can make the difference in thousands of dollars of savings in the long run.

As a homeowner, there are several options for solar finance. These can be classified into 5 distinct categories:

• Buying the system outright
• Loaning it out at low interest rates
• Home equity and energy efficient mortgages
• Power purchase agreements
• Solar leasing
• Solar Community Purchasing

Each of these solar finance options has its advantages and disadvantages. ClarySolar works with you to sift through the solar finance options and help you decide what works best for you.