San Diego Solar Financing Options

With a variety of financing options available, installing solar panels in San Diego is now a realistic and affordable solution for your energy needs.

Mohler Solar now offers low interest loans to help you purchase solar panels for your home. So, if you don’t have the cash to invest or if you don’t want to take out a home equity loan, we can still help you install a solar energy system on your home.

In fact, some of these programs offer very low rates starting at 4.9% and can work with borrowers with FICO scores as low as 650. You can finance your solar panel installation from 5 years, all the way up to 20 years. Some programs will even loan you up to $50,000, so high energy consumers can finance their larger solar power systems.

San Diego Residential Solar Power is Easy and Affordable

Given the assortment of affordable options available, there has never been a better time to install solar panels on your San Diego home than now. The cost of installing a solar power system on your San Diego home or business has decreased a great deal in the past few years – in some cases by over 60%. There are also a number of credits and incentives provided by the federal government, state and local governments, and by some utility companies to make San Diego solar power a more viable option for property owners.

No Down Payment, No Equity Required in Most Cases

Most of the solar financing programs that we work with do not require any money down to start. Almost all of our solar financing options do not have any equity requirements. As you can see, financing your new solar energy system is much easier and financially worthwhile than you may think.

Add to this the fact that the Federal Government will give you a 30% tax credit – that is a dollar for dollar reduction in your tax bill, not a traditional tax deduction. This means that come tax time, Uncle Sam will actually pay for almost 1/3 of your solar power system installation. So, instead of a solar panel installation costing you $10,000, for example, the Federal Solar Tax Credit will lower your real cost to $7,000.

When you add everything up, installing a solar panel system on your home or business is one of the best investments that you can make.

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