If you thought up-front cost was a barrier to going solar, it's time to look again! Thanks to are now options to pay for your system over time. In some cases you can get someone else to own the system and take care of it. In the process your monthly power bill goes DOWN from what you're paying today.
Now is a great time to start making fuel-free energy from the sun that beats down on your roof every day. Tangerine Power offers the following solar finance products* for our Homeowner customers:
Financing Options
Lease
Lease your solar power system. Save money on your electricity bill, and avoid the burden of owning and maintaining the system yourself.
Power Purchase Agreement ("PPA")
Simply pay monthly for the electricity generated by the solar system – save money on your electricity bill, and avoid the burden of ownership and maintenance.
Prepay
A power purchase agreement with operation and maintenance of the system included, where you pay the total amount of the contract up front in order to lock in the lowest rates for electricity today.
Solar Home Equity Line of Credit
An option for homeowners who prefer to own the system, this line of credit taken is designed specifically for purchasing a home solar system, and allows the homeowner to deduct interest from their taxes.
Home Improvement Loan
A secured 20 year loan that offers easier processing and qualification criteria. This product’s 20 year term combined with simple interest and competitive payments make it very attractive to homeowners.
Getting solar is now as easy as driving a new car off the lot. Except while the car goes down in value, solar increases the value of your home and keeps paying you back over many years of its quiet, secure life.
To get financing for you solar power system, visit our Products page and decide which Energy Independence Package you want to get started with.
*Availability of individual financing products varies by location and homeowner's credit history.