Solar Financing Options
Residential Solar Financing
EnerBank
EnerBank USA provides loan programs featuring Same-As-Cash payment options and specializes in unsecured home energy loans through strategic business partners in all 50 states and the District of Columbia. They have extensive experience and longstanding relationships with leading manufacturers, distributors, and franchisors as well as their dealer networks.
Call EnerBank today at (888) 725-9162 and mention Sunetric (dealer #55) and use promotional code ‘SP759’.
Free Solar for a Year — Same As Cash • 12 Months
- No payments or interest for 12 months.
- 100% unsecured financing up to $45,000.
- Easy and secure application process; no paperwork.
- Fast approval over the phone.
- No application fees, no closing costs, no pre-payment penalties.
- It’s free money for 12 months and allows time to receive tax incentives.
- As long as the loan is paid off or the balance funded through a different source prior to the end of 12 months, such as the Green Loan, then there are no fees for the loan
UH Credit Union
The University of Hawaii Financial Credit Union offers a special for green-minded homeowners. Their Live Right, Live Green loan can be used to purchase any environmently-friendly product, including solar power.
Learn more and apply online for the UH Credit Union Live Right, Live Green loan program or call (808) 983-5500.
Details
- Loan term amortized over 10 years.
- Loan value may NOT exceed 100%.
- Rates and guidelines subject to change.
- Introductory 2.99% interest rate is fixed for the first two years, then the rate will change annually on July 1, of every year thereafter, and will be based on the Prime Rate.
Documents Needed
- 1 month worth of recent paystubs (consecutive and within 60 days of app)
- Homeowners Insurance statement
- 1st mortgage statement (if applicable)
- Estimate of qualifying product being purchased. (required prior to final approval)
EGIA
EGIA has leveraged the buying power of its non-profit association to negotiate special financing program options for homeowners in need of energy efficiency and solar related home improvements. Virtually all home improvement projects are covered under the EGIA Financing Program.
Highlights
- Reduced interest rate financing options available.
- Deferred payment and deferred interest programs.
- 100% unsecured project financing.
- Loans ranging from $1,000 to $25,000
- Extended terms keep your payments low.
- No equity required. No loan fees. No closing costs.
- Simple interest, and no pre-payment penalties.
Learn more about EGIA Residential Financing and apply online today!
Reel Green
Reel Green’s exclusive program enables every energy-conscious homeowner the ability to become sustainable while saving money and allowing the equipment to pay for itself over an extended period of time.
Highlights
- Online, secured application
- No limit on system size or equipment
- 5 year to 30 year terms
- Rates between 3.50% and 6.15%
- Adjustable and fixed rate financing
- No prepayment penalties
- State and federal tax credits apply
- Approvals, processing and funding within 30 days!
Even More Options
We also recommend talking with your personal bank or visiting with a lending expert at one of the following Hawaii Banks to discuss other home energy financing programs that may be available to you.
Commercial Solar Financing
Sunetric Capital
Sunetric Capital is Hawaii’s best alternative to purchasing a photovoltaic system for your business. With the Sunetric Capital Power Plan, your organization will take advantage of the savings associated with solar energy while reaping the social benefits of going green without the big upfront cost.
Highlights
- Zero out-of-pocket investment.
- Zero maintenance responsibility.
- Ideal for non-profits.
- Enjoy reliable, renewable energy.
- Save money on your power bill every month.
- Maintain your connection to utility just in case.
Bank of Hawaii
We work closely with Bank of Hawaii to provide you with a customized financing solution to fund your solar energy project with Sunetric. Please contact us for more information.
Reel Green
Reel Green’s exclusive programs enable every energy-conscious businessowner the ability to become sustainable while saving money and allowing the equipment to pay for itself over an extended period of time.
Please contact us for more information.
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