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Category Archives: Solar Financing

Buying Solar When Interest Rates are High

May 25, 2023

Solar loans interest rates, much like mortgage rates, are subject to macroeconomic forces that cause them to fluctuate. These rates dropped significantly during the pandemic, but have been steadily increasing since mid-2022. While there is little control over macroeconomics, there are steps that can be taken to secure a lower interest rate, with the key…  Read the entire post »

Power Purchase Agreements: Pros and Cons

October 8, 2020

Our last financial blog focused on commercial financing options so you know how to afford the cost of commercial solar panels. Today we are here to focus on just one of them and talk about power purchase agreements. It is important to weigh the pros and cons of each option for your specific needs. We…  Read the entire post »

Should You Buy or Lease Solar for Your Home?

March 29, 2019

As an installer who sells systems I’m naturally biased. But I see a false equivalence in much of the Lease vs. Buy conversation out there when it comes to the cost of solar panels. I’ve written about it before, but a question I saw on the Internet made me think about it again. A homeowner…  Read the entire post »

Mass Solar Loan Funds Almost Gone

February 7, 2017

So long, Mass Solar Loan. It was fun while it lasted. This state-sponsored program, which makes solar accessible to more Massachusetts homeowners, including those with low credit scores and low income levels, has been hugely successful. So successful, in fact, that more than 70% of the available funds* had been used as of January 19,…  Read the entire post »

Mass Solar Loan Terms Adjusted to Benefit More Families

June 2, 2016

I was skeptical about the Mass Solar Loan when it was first announced by the Clean Energy Center and the Department of Energy Resources. The loan program, intended to replace the Commonwealth Solar II rebate, had been delayed and delayed again for nearly two years. In the meantime, many strong solar loans emerged to fill…  Read the entire post »

Are Solar Leasing Companies Gouging the Market?

April 21, 2014

Or, Why You Should Care What Solar Leasing Companies Charge Solar leasing companies have helped many consumers get solar on their roofs and reduce their electric bills without actually buying the solar energy systems and incurring those costs. Sounds good, right? But of late, leasing companies like SolarCity are coming under fire. (Read this informative…  Read the entire post »