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Solomon Renewables options that align with your lifestyle.

Whether you’re looking to purchase your new solar energy solutions or lease it–Our loan options for solar installation are easy to understand and come with various benefits. Contact a solar energy consultant and we can guide you to the best solution based on the information we gather. 

Flexible financing options

Compare our suite of solar financing options and apply for the one that’s right for you. We work with many local and regional banks and provide a variety of options. After gathering information to learn what you are looking for we will share what we come up with in a detailed proposal.

Apply and qualify quickly

Once you apply for solar system financing, we run a soft credit check to get you approved, which doesn’t affect your credit score.

No money down

Once you’re approved, there are no upfront costs. We also offer fixed or variable payment options for your solar energy loans.

Solomon Renewables Flexible Purchase Options

Check out the different options we provide for solar panel financing.

Solar Lease / PPA

  • No Upfront Costs:
    With a solar lease, you don’t need to make a large initial investment. The leasing company covers the cost of the solar panel installation, making it accessible for more homeowners.
  • Reduced Energy Bills:
    Leasing solar panels can significantly reduce your monthly electricity bills. You pay a fixed monthly lease payment, which is often lower than your previous utility bills, leading to immediate savings.
  • Maintenance and Repairs Included:
    The leasing company typically handles all maintenance, monitoring, and repairs. This means you don’t have to worry about the upkeep of the solar panels, ensuring they continue to operate efficiently.
  • Predictable Energy Costs:
    Solar leases often come with fixed monthly payments, providing predictability in your energy costs. This can protect you from rising utility rates and help with budgeting.
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Solar Purchase

  • Long-Term Savings:
    Buying solar panels allows you to benefit from the energy savings directly. Once the system is paid off, you essentially generate free electricity, leading to significant long-term savings on your utility bills.
  • Increased Home Value:
    Owning a solar energy system can increase the value of your home. Studies have shown that homes with solar panels sell for more than those without, making it an attractive feature for potential buyers.
  • Tax Credits and Incentives:
    When you purchase solar panels, you are eligible for federal, state, and local tax credits and incentives. The Federal Investment Tax Credit (ITC) allows you to deduct a significant portion of the installation costs from your federal taxes.
  • Energy Independence:
    Owning your solar panels gives you greater control over your energy production and usage. You are less dependent on the utility grid, which can be beneficial in areas with frequent power outages or rising energy costs.
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Solar Loans

  • Ownership and Long-Term Savings:
    With a solar loan, you own the solar system once the loan is paid off. This means you can benefit from free electricity after the loan term, leading to substantial long-term savings on your utility bills.
  • Tax Credits and Incentives:
    Like a direct purchase, financing your solar system with a loan makes you eligible for federal, state, and local tax credits and incentives. The Federal Investment Tax Credit (ITC) allows you to deduct a significant portion of the installation costs from your federal taxes.
  • Fixed Monthly Payments:
    Solar loans typically come with fixed monthly payments, making it easier to budget your finances. This can be advantageous compared to rising utility rates, providing financial predictability.
  • No Upfront Costs:
    A solar loan allows you to install a solar energy system without paying the full cost upfront. This makes it more accessible for homeowners who want to switch to solar energy but may not have the capital for an outright purchase.
  • Increased Home Value:
    Owning a solar panel system can increase the value of your home. Homes with solar installations are often more attractive to buyers and can sell for a higher price compared to homes without solar systems.
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Solar Purchase

Purchase your solar panels and see immediate monthly savings on your power bill.
  • No monthly payment
  • Maintenance options available
  • Solar panel and workmanship warranty
  • Benefit from tax credits and incentives (if applicable)
  • Solar panel ownership
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Solar Loans

Finance your purchase with an affordable monthly payments.
  • Low monthly loan payment to financing partners
  • Maintenance options available
  • Solar panel and workmanship warranty
  • Benefit from tax credits and incentives
  • Solar panel ownership with no upfront cost
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Solar PPA

Go solar for no upfront cost and only pay for the power you produce.
  • Easy transferability
  • Low monthly loan payment to solomon renewable Solar
  • Maintenance included
  • Solar panel and workmanship warranty
  • No upfront cost, potential to save on your utility bill
  • Only pay for energy the panels produce
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Solar Lease

Go solar for no upfront cost and only pay for the power you produce.
  • Easy transferability
  • Low monthly payment
  • Maintenance included
  • Solar panel and workmanship warranty
  • No upfront cost, potential to save on your utility bill
  • Flat rate every month, no surprises
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frequently asked question

The real question is, can you afford to continue renting your power indefinitely? We provide a range of payment options to make going solar accessible for you. From cash payments to financing plans, we’ve got you covered. Our loan options offer zero down payment and flexible terms ranging from 7 to 25 years. Plus, our interest rates are highly competitive, falling between 1.49% and 3.99%.
You may qualify for state and federal tax credits, as well as local utility incentives. These can often be claimed upon or after purchasing your system. We advise consulting a tax expert for personalized advice.
Installation timelines vary based on location and local permit processes. You can estimate the work to start in 2-weeks and completion within 60-90 days.

Our AI analyzes millions of data points to tailor the most efficient solar design for your specific home and energy needs.

A battery may not be necessary if your home rarely experiences power outages.
Your solar panels will not function during an outage unless you’ve added a backup battery to your system.
You’re welcome to contact us at any time to integrate a battery into your existing system.
We utilize cutting-edge AI technology to customize a system for your home, we then conduct a site survey to verify our satellite information. Finally we go over your savings report and answer any questions you may have.
Just enter some basic information and upload a recent power bill and we will get started on your savings report.

Yes, we require a utility bill showing details like the account holder’s name, account number, and rate plan. This information is necessary to complete your design and activate your solar energy solutions.

Our live chat is available for any additional queries; we aim to respond within 24 hours. Whether you have queries regarding commercial solar financing or residential solar financing, we will be happy to guide you with the most suitable solutions.

Free Solar Quote

Solomon Renewables

Expert guidance, premier partnerships, and an unwavering dedication to quality. We deliver superior solar solutions for home and business, prioritizing education over sales

Headquarters:

  • FL: 200 Central Ave. St Petersburg, FL 33701
  • TX: 1722 Routh Street Dallas, TX 75201

Address:

  • 3010 Sante Fe CT Missoula, Montana, 59808
Online Estimate
Book Meeting Online
Contact Solomon
Call 406-540-6921
info@thesolomoncorp.com
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