Financing
Mirasol Solar offers a number of solar financing options from $0 down to low payments. Combined with going solar incentives, there has never been a better time to tap into the sun!
Cash Purchase
If you have the financial resources available, purchasing your home solar system could deliver the greatest long-term savings and return on investment*.
In 2021, you may be able to recover up to 26% of the cost of your system through tax incentives, but your energy savings will pay for it in a few short years** with decades of free electricity to follow.
Perks from a cash purchase:
- Claim tax incentives
- A Home Equity Loan can also be used & may be tax-deductible
- Your system may pay for itself with savings on your utility bills
- Increases your property value***
*Please consult your tax adviser regarding your individual tax situation and income tax credit eligibility. **visit study ***view source
Solar Loan
You own your solar system and pay for it with a loan.
- No upfront costs
- Claim tax incentives*
- Loan term up to 25 years
- Credit Score 640+
- 25-year product warranty guarantee
- Low payments & immediate savings**
*Please consult your tax adviser regarding your individual tax situation and income tax credit eligibility. **visit study ***view source
PACE Loans
As a Ygrene Certified Installer, Mirasol can offer special financing using the property assessed clean energy (PACE) program. This allows a property owner to finance energy efficient improvements through an assessment repaid through the annual tax bill.
- No credit needed
- A voluntary lien on the property is recorded for the value of the improvements and is assessed on the property owner’s property tax bills down the road
- Claim tax incentives
- Loan term up to 25 years
- 25-year product warranty guarantee
- Low payments & immediate savings
