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GoSolar.LA provides access to discounted installation pricing and some of the most competitive third-party financing programs available to generate immediate solar savings without any upfront costs.  Options include:

  • Leases and power purchase agreements (PPA)
  • Solar loans
  • Home equity loans
  • Energy efficient mortgages
  • Property assessed clean energy (PACE)
  • Rooftop rental programs

 
Browse and compare the solar financing programs listed below and request a quote from any you would like to learn more about.  Or request a free assessment and wait for a solar professional to contact you. 

Leases and Power Purchase Agreements (PPA) Solar Loans Home Equity Loans Energy Efficient Mortgages (EEM)
Property-Assessed Clean Energy (PACE) Rooftop Rental Programs
  • Third-party owner maintains and repairs the system, guarantees performance.
  • Contract terms typically 20 years, with fixed monthly payments that may include annual escalator — and prepayment options.
  • Early buy-out opportunities, and flexible options at end of lease term — renew, buy or return the system.
  • Credit eligibility requirements typically 700 or above for residential homeowners.
  • Simple interest, unsecured financing
  • Long term — 20-year (or 5-, 10-, or 15-year terms for slightly better interest rates)
  • Low rates — from 6.99% on 20-year loans (from 4.24% on 5-year loans)
  • No balloon payments
  • No pre-payment penalty
  • No annual escalator
  • Secured loan
  • Fixed rate; fixed term
  • Flexible terms for affordable payments
  • Monthly payments often less than your electric bill

  • Finance energy efficiency improvements, including renewable energy
  • Insured through Federal Housing Authority (FHA) and Veterans Affairs (VA) programs.
  • Maximum amount up to 5% of property value.
  • Income requirements for FHA’s Section 203 (b), provided the applicant can meet the monthly mortgage payments.
  • New and existing owner-occupied homes of up to two units can qualify. Cooperative units are not eligible.
  • Allows businesses in LA County to finance energy projects and repay them through a special assessment on the business’s property taxes.
  • Property must be located within Los Angeles County, and within the boundaries of a city that has adopted a resolution to join the County-wide PACE district.
  • “Open market” approach where property owners may negotiate project-specific terms with the PACE investor of their choice, including banks that holds the first mortgages.
  • Owners of large commercial and industrial buildings rent out roof space to third-party developer.
  • Immediate source of new income without need to own and operate large-scale rooftop solar arrays.
  • Option for schools, churches and tax exempt organizations with low electric bills.
  • Suited to multi-tenant properties including retail/office, apartment buildings and condo homeowner associations (HOA’s).