How do solar loans work
exactly?
Owning solar panels is finally affordable.
Trust in Our Comprehensive Solar Plans
Concierge Service
From drafting your final blueprint to filing paperwork and securing permits, you can count on us to provide the professional support you need.
All Inclusive Protection
All inclusive protection gives you the ease of mind and eliminates the need to spend out of pocket
System Monitoring
Enjoy personal system monitoring with Momentum Solar App for your newly installed solar panel system without any hassle or spending out of pocket.
Produce Your Own Power
You don’t need to own your solar panel system outright to harness the power of the sun and turn sunlight into savings! For homeowners looking to go through the solar loan process, you can trust Momentum Solar to connect you with the best solar financing partners. You’ll be able to select your repayment period and choose from attractive interest rates to find the plan that best fits your budget.
Here's How It Works
There are various types of financing options available if you are looking to make the switch to solar. Working with a solar specialist, you can determine which system works best for your financial situation. Fortunately, you’ll never have to navigate this process on your own. At Momentum, our specialists will guide you in the right direction from very beginning.
Learn How Your Solar Loan Can Be Tax Deductible
Solar tax credits are a federal incentive that can give qualified homeowners a 30% credit that can be applied to their annual taxes. Better known as the Investment Tax Credit (ITC), the solar tax credit can be used as a deduction by the homeowners. This essentially gives homeowners a discount on their solar system.
The Many Benefit of Going Solar
One of the biggest motivators for families making the switch is the savings they experience by the reduction of their monthly utility bill. But wait, there’s more… literally. Not only will you increase savings, you can increase the value of your home and help the environment.
Service Areas
With services areas located across the country in AZ, CA, CT, GA, FL, NJ, NV, NY, MA, PA and TX, our team is always available and ready to help.
Other Ways to Go Solar
Solar PPA
Get solar panels, installation, and maintenance on us. Plus, potentially pay a lower rate than your local utility with a Power Purchase Agreement.
Solar Purchase
Purchase your panels outright and get immediate savings on your power bill. Not to mention potential tax credits and incentives as well as a likely increase in your home’s value.
Solar Lease
Pay nothing for solar panels, installation, and maintenance with a solar lease, and potentially pay a lower rate than your local utility. It’s not too good to be true. It’s just better power.
