Solar Power Finance | Solar Energy Loans
Solar Finance from 2.99%* APR with available AutoPay
Solar Power Finance | Commercial and Residential
Instant Approval for 20 Years
Aztec Renewable Energy, Inc. offers both commercial and residential solar power finance and loan options. Home solar power finance options include zero down, 2.99% interest, for 240 months. Residential Solar / Commercial Solar investments convert utility expenses into investments with an incredible internal rate of return and return on investment.
Solar power investments put a cap on the rising cost of energy. If you are a business owner, these investments can put you ahead of the competition. Imagine what zero energy bills could do for your home or business. Tax Incentives and finance options can increase your property value, provide instant equity, and put cash back in your pocket every month.
Solar Power Finance Consumer Credit Requirements:
- Credit Requirements – 680-700 Free Credit Check
- Debt Ratio 45-50% – Calculator: Debt-to-Income Ratio
How long will it take to get pre-qualified?
You can get a loan in 15 minutes. In a quick phone call you can get pre-qualified based on your credit score and debt ratio.
Buying vs. Leasing
Leasing? Buyers Beware! If you are approached by a solar company offering leasing, run as fast as you can. Solar leasing is only good for the investors and is always presented by a professional sales person face-to face (contract in hand). These companies give solar a bad name and many complaints have been filed. Aztec Renewable Energy, Inc. is a Texas company and we do not export installation profits to other states or investors. We offer great paying sustainable jobs (not locus investors) and contribute to the Texas economy! The benefits of buying and owning your solar power system far outweigh the benefits of leasing. Please see the comparison table below to understand some of the advantages of owning your renewable energy system.
Lease* vs. Ownership Comparison | Lease/PPA | Financing |
---|---|---|
Customer may be eligible for a federal tax credit | NO | YES |
Customer may be eligible for a state tax credit | NO | YES |
May gain asset value on home | NO | YES |
Customer may be eligible for instant rebates | NO | YES |
Payments may decrease | NO | YES |
Pre-payment penalties may apply | YES | NO |
Available no-maintenance performance warranties | YES | YES |
*Based on current available leasing programs.
Solar Loans:
Interest rates are so low that you may be able to add your renewable energy project to the mortgage, lower your house payments, and eliminate your electric bill. That’s cash in your pocket every month!
- Personal Loans: Instant Approval up to $65K for 20 years.
- Commercial Loans: Up to $5M
- Rate of return is high with renewable energy and many customers have converted retirement investments into solar energy investments.
Aztec will provided a complete utility bill analysis and installation budget:
- 30% Targeted Production: $3-5K per 1000 square feet.
- 50% Targeted Production: $5-8K per 1000 square feet.
- 100%Targeted Production: $10-16K per 1000 square feet
- Variables: Solar hours, shading conditions, and installation azimuth
All estimates above are before incentives (up to 70%). About 30% of our residential customers spend $16K, 40% spend about $25K (about 100% of the power requirements for a 2,000 square foot home) and 30% spend $38K, then you would get 30% back at tax time!). Solar prices per watt can vary depending on installation type, site conditions, and equipment selection. Energy production is site specific and most customers will start small, wait 12-24, months and possibly increase the investment and capture additional tax credits. Get Started!
Residential Energy Consumption Statistics:
- 11,469 KWH per year: Average 2000 square foot home (We provide FREE reduction plans)
- 12,832 KWH Per year: Estimated Energy Production 8.1 KW South Facing Solar Ground Mount
- 1363 KWH Annual Energy Surplus
- FREE clean electricity for generations to come!
Renewable Energy Incentives:
- Federal Tax Credit 26% with no cap
- Example: $26,236.00 Project x 30% = $6,821.00
- Net cost after tax credit: $19,414.00
- Equipment Depreciation for business, farm & ranch
Why Solar Power Renewable Energy?
- Reduced or eliminated electric bill
- Reduced air pollution Click here!
- Reduced water pollution
- Reduced water usage
- Increased property value
- Prepare for higher electricity prices
- Prepare for retirement and fixed income
- Convert utility expense into investment
- Improved health and quality of life Click here!
Solar Power Finance Terms
Terms: 2.99%, 240 months (20 years) and Zero Down (0)
Terms: 2.99%, 240 months (20 years) and Zero Down (0)
Loan Amount | Estimated Payments |
---|---|
$10,000.00 | $71.00 |
$15,000.00 | $106.50 |
$20,000.00 | $142.00 |
$25,000.00 | $177.50 |
$30,000.00 | $213.00 |
$35,000.00 | $248.50 |