Solar Financing

Here at Living Solar we recognize that purchasing a solar system – essentially prepaying for 30 – 50 years of electricity – isn’t cheap. The upfront cost is the major hurdle with most of us that want to go solar – whether for its environmental, financial, or technological benefits. Living Solar thus has a number of financing options available that can allow you to enjoy the savings from solar:

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  • Solar Loans: Living Solar has partnered with First National Bank of Durango and others to offer traditional home equity lines of credits (HELOCs). Typically, at least 25% of the cost of the solar system is needed for a down payment, making solar accessible to a much broader array of us wanting to install a system, but provide slightly better rates.
  • Same-as-Cash: Purchase your residential solar system and wait for the tax credit and local utility rebate before paying for a portion or all of the system. Available exclusively with Living Solar as an authorized SunPower dealer.
  • Commercial Leases: Working through SunPower, Living Solar has commercial leases available for qualifying business owners. Leasing is an excellent option for businesses without ability to monetize the federal tax credit or accelerated depreciation incentives. Contact us to learn more!
  • Grants and Loan Guarantees: For 2013 the federal government re-authorized a grant and combined grant/loan guarantee program for businesses in southwest Colorado. Deadlines in the spring of 2013 will apply, so if you are interested contact us immediately to learn if your business might be eligible for this program.

The availability and terms of any financing option with Living Solar will vary depending upon the applicant, so contact us today for a free no-obligation assessment. With NABCEP PV Technical Sales certification and decades of experience in finance, Living Solar’s team can work with you to identify the best financial solution so you too can go solar today.

Request a free, no obligation quote today.