Zero Down Solar Installation Financing
The Simple and Easy Way to Own Your Solar Energy System
Should you choose to finance your solar electric system, we offer a variety of financing solutions that benefit nearly every situation.
Financing provides an affordable means to purchase a solar electric system for your home without paying the full cost up front.
Our estimates are for turn-key solar electric systems.
The price of our solar electric systems include: permitting, the CA Solar Initiative (CSI) reservation paperwork, net metering agreements with the local utility company, a twenty five year warranty from the module manufacturer, a 10 or 25 year warranty from the inverter manufacturer, depending on which inverter is installed with your system and a full 10 year warranty from New Day Solar.
With the expertise that New Day Solar provides, as well as the federal tax credits and rebates available, solar electricity is beneficial to everyone. Not only will you help conserve our environment, but you can save some money too! Solar electricity is not just a luxury, but also an investment for your home and country. Electricity is only going to get more expensive, but with help from New Day Solar, you can harness the sun’s energy and use it to your advantage.
The most popular loan that we currently offer
$0 down, 12-20 year loans with no pre-payment penalty.
Typically, the payments for this loan are either the same or less than what you are currently paying to your electric company. With these loans, you own your solar panel system, can still take advantage of the 30% Federal Tax Credit, and can pay the loan off early at any time, without being penalized any additional fees.
New Day Solar does not currently offer any leasing programs.
We typically find that they do not benefit our customers, when you compare them to our other financial loan programs.
Unlike leasing, if you pay cash or finance your solar electric system through one of our preferred lenders, there is greater flexibility when selling your home. Also, you will own the system after is paid for and you can apply for the 26% Federal Tax Credit. For more information and to learn about our current financing options, feel free to contact us!
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