Financing a solar project is easy
Going solar is not just environmentally friendly but if financed correctly can save you thousands of dollars over the course of the loan term. Here at D.A. Solar Inc. our team of consultants offer the best financing products for your solar panel installation.
HERO Funded Loan
The HERO program is an exciting new funding option for qualified communities. It's the fastest growing energy efficiency financing solution in the country and it's in our California backyard! HERO does not require the homeowner to pay anything out of pocket yet allows them to claim the entire 30% federal tax credit. This program offers a low-interest, long-term, tax-deductible financing option that is repaid through your property taxes. Approvals are not based on credit scores and applying is a simple easy process. Not only solar is available for financing but other related energy efficiency products like, lighting, electric charging stations, AC systems, pool pumps, and more. Check out the details at https://heroprogram.com/products
PPA: Power Purchase Agreement
Power Purchase Agreements/Leases for solar power systems has increased the availability of solar energy to homeowners who don't have the capital or tax liability to buy it themselves. Requiring no uprfont cost, homeowners and businesses can switch to solar energy easily using a power purchase agreement or lease provider.
Once you choose a solar power system solution with us, a PPA provider is a third party who buys the solar power system for you. They pay us to install it and the same way you pay PG&E to provide you energy, you pay the PPA provider for the electricity your solar power system generates for you.
- You pay for the power produced by the system. You do not own your system.
- You lock in your rate at 3.9% annual increase compared to 6.7% annual increase with your utility company.
- While saving you money, the solar power system is monitored and maintained by the PPA provider.
- Most popular solar panel installation solution for homeowners who don't buy with cash.