Solar is growing faster than ever. There are many different ways to access solar energy: we’re here to help you understand your solar ownership options.
Cash: Purchase solar with your own funds upfront. If eligible, you can take advantage of tax incentives. This option will give you the largest return on your investment.
Loan: Borrow money from a bank, credit union or home equity loan to purchase solar. Some financing institutions offer low-interest, solar-specific loans. Review financing options
Mortgage: When building a home, finance solar through your mortgage. When buying a home, consider a rehab loan or energy-efficient mortgage, which allows you to borrow additional money for energy improvements.
C-PACE: C-PACE financing allows businesses to get loans for building energy improvements that are repaid through property taxes. For commercial entities only.
PPA: When using a Power Purchase Agreement (PPA), a company installs solar on your roof and maintains the panels. In turn, you purchase all power produced by the system at an agreed-upon price. Some companies offer zero money down options.
LEASE: A company installs solar on your roof and maintains the panels. You pay a fixed monthly fee to lease the panels. Some companies offer zero money down options. Consumer resources are available to help you review the terms of your lease.
Subscriber Solar: Subscribe to buy electricity from a solar farm that is operated by your utility (if available). By locking in a rate for your electricity usage, you are insulated from rising energy prices. Available to Logan, St. George, and Rocky Mountain Power customers.