Solar Loans
You don’t have to make a large, out of pocket payment to go solar. We offer several types of solar loans that can help make solar fit into your budget.
We offer several types of solar loans—including several variants of bridge loans and terms loans—if you want to own your system. Alternatively, you can lease your system and have the right to use all the energy it produces.
Solar Bridge Loans
As its name implies, a bridge loan is a shorter-term financing solution. It's meant to bridge the gap between installation and when you receive your solar incentives. A solar bridge loan enables you to “buy time” so that you don’t need to pay for the whole system up front. Once you receive your incentives—typically within 12 or 18 months—you pay off the loan in its entirety and you’ll own the system outright.
Since solar incentives can account for 60% or more of the cost of the system, this type of loan allows customers to go solar with considerably less up-front investment.
“ Certasun was also very helpful and detailed with the financing and IL rebate process which all came through as expected. Highly recommend!"
DAVID J., ILLINOIS
Solar Term Loans
Just like with a mortgage or a car loan, you can choose to finance your system and pay off the loan in fixed payments over a certain number of years. Unlike those other loans, however, with a solar loan you can use the savings from your energy bill to offset the cost of the loan payment.
This type of solar financing is great for people who want to minimize the out-of-pocket cost of going solar, but who still want the long-term economic benefit of owning your solar system.
Financing your solar system with a monthly loan payment might be right for you if:
- You want to own your system
- You’d like no up-front cost
- You want to see immediate savings
- You want the predictability of a fixed monthly payment that will not increase over time (unlike inflating utility costs)
- You want the flexibility to pay off your loan with no penalty
Once your loan is paid off, you’ll essentially get free energy for the remaining life of your system.
Certasun offers solar loans through Regions Bank.
“From sizing the system, loan application to installation it was a seamless process. I just had to apply for the permit and let them do the work. I am happy with the installation; it looks nice on the house. I am impressed with the performance of the system, producing enough power that there is more than plenty to sell back.”
MICHAEL R., HARVARD, ILLINOIS
Ready to Start Saving?
Get in touch today to discover how our loan options can help you unlock your solar savings!
Schedule A Free Consultation
During the consultation we'll create your custom design and quote.
"*" indicates required fields
Not quite ready? Call (312) 638-0800 with any questions!