Cash Purchase | Loan Purchase | |
---|---|---|
Down Payment | 25% | 0$ |
Monthly Payment | NA | Fixed |
Tax Credit | 30% of system cost | 30% of system cost |
Term | Outright purchase | Outright purchase |
Ownership | You | You |
Equipment Warranty | 25 years | 25 years |
Workmanship Warranty | 10 years | 10 years |
Production Warranty | 25 years | 25 years |
Monitoring | Included | Included |
esaSolar takes in pride in creating a simple, tailored solution for each of our customers. We design your system to maximize your energy savings, rather than a one size fits all pricing model. The cost of your solar powered home will vary depending on its size, your roof and upgrades but roof mounted systems typically cost between $15,000 and $30,000
Yes, we work with financial organization that specialize in debt solutions for solar power systems. These organizations provide unsecured loan products that utilize the Federal Investment Tax Credit (ITC) to pass the savings on to you. Our team of financial experts will work closely with you to determine a payment and savings plan designed with your life and budget in mind.
To qualify for a solar loan with one of our partners, you must own the home and be at least 18 years old.
Our qualification process is quick, easy and can be completed online. Like many other unsecured loan products, our pre-qualification process analyzes three major factors related to your financial well-being and credit worthiness.
Yes, to pre-qualify for solar financing we provide a credit application that can be completed online through secured programs, your information is sent directly to the banks, lenders, etc and will never be shared or stored within our company. Our lenders utilize a soft credit pull, to qualify you for solar financing.
If you elect to purchase the system without financing, we will provide project specific milestones of payment which will conclude when the system is activated and producing energy. If you utilize a solar loan program for your system, you won’t begin making payments toward your system until the system is installed and connected.