Solar Financing

Ready to brighten up your home with solar? It’s never been easier to finance your solar project!

 

Loan-Social-Media-Solar-2-1200-x-628-for-gif-01.jpg Loan Terms

  • Click for current interest rates 

  • Loan amounts up to $50,000‚Äč

  • No maximum income limit

  • Loan terms up to 15 years

  • No down payment required

  • This loan is secured by a mortgage on the property. 

  • Utility rebates and tax credits may be included in the loan amount


Property Eligibility

  • 1-4 unit owner-occupied properties

  • Properties under construction or used for commercial purposes are not eligible


Types of Improvements

Eligible improvements include: solar photovoltaic (PV) systems that produce renewable energy for a residence and attached garage through the installation of PV solar systems, maximum size 10kW for projects $20,000 or less



*APR is based on $50,000 over 5 years. Closing costs apply.

The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or offer to enter into agreement, Such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4).