Many different institutions offer solar loans, including local and national banks, specialty financing companies, manufacturers, and credit unions. To choose the best solar loan for you, compare options from a few different financing providers. . In September 2024, the U. Department of Energy (DOE) announced the closing of a $72. 8 million partial loan guarantee to finance the development of a solar-plus long-duration energy storage microgrid on the Tribal lands of the Viejas Band of the Kumeyaay Indians near Alpine, California. The Viejas. . While going solar carries the reputation of having a high upfront cost, more than half of solar owners choose to finance with solar loans. have opted for solar systems in their homes for good reason. As you search for the right solar loan provider, review the solar loan FAQs. . For additional information on solar financing, explore SEIA's Third Party Financing Overview or the Clean Energy States Alliance Financing Overview. Ownership provides direct control and long-term savings from your solar. .
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