Solar Financing

Lease vs Purchase graph

Solar4America will help you find the plan that fits.

Solar Financing is easy
Call us to find out about:

  • Unsecured loans up to 20 years
  • No Money Down, No Interest & No Payments for 12 months*
  • PACE loans – Property Assessed Clean Energy loans
  • We accept all major credit cards

*See sales associate for complete terms and conditions

Why we won’t sell you a lease:

  • You lose your tax credit
  • It’s harder to sell your home
  • You pay twice as much
  • Your monthly bill goes up and up

Leasing loses you money!

Most homeowners want to know, “how much do solar panels cost?” As with other major home improvement projects, homeowners face a range of payment options for a solar project. Whether you purchase a solar power system or use financing to pay, solar is a cheaper alternative to buying power from the utility for most homeowners. PetersenDean offers a wide range of solar financing options under the Freedom Flex Payment Plans. Our professional staff will discuss any of our payment plans to help you maximize your savings and return on investment. We believe that educated customers make the best decisions for long-term solar saving and overall value.

Solar Purchase

Purchasing a solar power system directly provides the best overall value and savings for a homeowner.

Most solar companies don’t want to talk about price. We put our base pricing right on our website.

Pay for a lifetime of power, one time, in-today’s dollars, with no lease escalators or interest rates tacked on. Plus, homeowners keep all solar incentives available with a purchase, including the 30% solar tax credit. Lock in the lowest cost of power with Solar4America ownership.
Solar4America: You Can Afford American-Made Solar: PetersenDean continues to negotiate the best price on high-quality, American-made solar equipment. Check out the Solar4America Packages. Anyone can see the recommended system based on the state and current electricity bill.

Solar Loans

Loans and lines of credit are flexible, give homeowners more control of their interest rates, and typically can be paid off at anytime. PetersenDean’s Freedom Flex $0 Down Payment Plans provide a range of plans with flexible terms and no pre-payment penalties, and can be used to cover both roof and solar projects.

Qualify for a Freedom Flex Payment Plan:

  • Start your project for $0 down
  • Keep the 30 % solar tax credit
  • No equity requirements or appraisals
  • Pay off your loan at anytime, with no pre-payment penalties

Anyone that can qualify for a $0 down solar lease can qualify for a Freedom Flex plan and own solar power. Our Staff will help analyze and compare payment options, compare quotes and leases, and figure out what option will give you the best overall savings and value.

Solar Leases and Power Purchase Agreements

Solar leases and PPAs have become the predominant financing options for homeowners going solar in the past 7 years. For little or no money down, the solar equipment is installed on your roof. In exchange for the $0 down, homeowners forfeit the full tax credit and any other incentive to the lease company. A monthly payment is established with a 20-year solar lease contract. The solar lease agreements usually include an escalator factor that is applied to the monthly payment each year, so the monthly solar payments do increase year after year.

Over the years, more reports are surfacing about the issues that homeowners are experiencing with solar leases. Besides losing the tax credit upfront, the escalating payments are causing homeowners to report that solar leases can end up costing them 2-3 times more than if the system had simply been purchased outright. Before considering a solar lease, make sure to do your homework.

Property Assessed Clean Energy Loans (PACE)

PACE stands for Property Assessed Clean Energy. These loans allow homeowners to make energy efficiency improvements and install solar power through a tax assessment on the property. California legislation Assembly Bill 811 (AB 811) established the mechanism for cities and counties to organize these programs.

PACE loans are fixed-rate, low-interest loans issued to qualifying homeowners who are current on their mortgages and taxes. Currently, there are two regionally-based PACE programs in California: CaliforniaFirst, and the HERO Program, which has been established through California and is rapidly expanding to your area.

If a PACE Program is available in your city or county:

  • The qualification process is simple
  • The payment process happens through your property taxes
  • There are no credit or equity requirements
  • Multiple projects can be accomplished in one loan
  • The loan stays with the property as an assessment so it can be transferred upon the sale of the home.

We’ll Help Find You the Best Payment Option

Our goal is to deliver the best long-term value for our customers. Contact PetersenDean for a free solar power assessment for your home and we can find the right plan to meet your budget and savings goals. To request a free solar estimate, complete the Get Started Form, or contact PetersenDean directly at 1-877-552-4418.