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Finance
Take advantage of the 0% down payment and tax credits
Building relationships and working together is at the core of our commitment to 100% clean energy for all. To do that, we need to create the best possible experience for both customers and partners. That's why we work with the best financial companies on the market. The following information not only helps ensure compliance but also aids partners in:
• Determining which consumers qualify under the Loan Program;
• Informing homeowners of what information they will need to apply;
• Creating a smooth application process with little to no delays;
• Answering homeowners’ questions about the application process; and
• Building rapport with homeowners for future business or referrals.
We require that our partners meet all applicable regulatory and program requirements, protect consumers’ interests, and deal with all parties in a fair and constructive way.
Why use home improvement financing instead of home equity loans or credit cards
Home equity loans can have lower interest rates — but require lots of paperwork, an appraisal and have a lengthy approval process. And new homeowners may not have enough equity built up in their homes. Credit cards can have higher interest rates, but are fast and easy to use. However, credit card payments spread over longer periods of time may dramatically increase the total cost after interest.
Interest rates for home improvement loans typically fall in the middle — and the process is fast, easy to apply for and offers long-term repayment options.
What is the TAX CREDITS and how it will help you going SOLAR
For many homeowners, going solar is a great opportunity to save on monthly energy bills and reduce your dependence on your utility company. The federal tax credit for going solar can make this investment an even more attractive option.
A tax credit is a reduction in the amount of taxes you owe, according to the IRS.
For example, a homeowner who finances an 8 kilowatt solar installation for $30,000 could see a tax liability reduction of $9,000 if the credit is 30%. Taking advantage of this credit is easy as A-B-C, if you know the eligibility requirements and how to claim it.