Solar Fits Your Budget with Flexible Financing Options
Greenspring Energy offers a variety of payment and financing options, giving you flexible payment alternatives for your solar investment to fit your budget and financial goals.
Residential Solar Financing Options
Solar is the smartest home improvement you can make, and the only one that will pay you back by reducing your utility bills while increasing your property value.
Home Equity Loans
Many customers choose to finance their solar investments with home equity loans. With interest rates as low as they are and all the savings you’ll realize on utility costs, this is a great option for any homeowner.
Fixed Low Interest Financing
For as little as $500 down, Greenspring Energy can offer loan options as low as 5.99% depending on your credit.
Same As Cash Consumer Financing
For as little as $500 down, the 12 months Same As Cash option is a great option that allows homeowners to delay payment until they receive their tax credits and incentives, while immediately benefiting from clean, reliable solar energy and utility savings.
Solar Electric Leasing with SunRun
Greenspring Energy is a SunRun Installation Partner and can help you go solar for little to no upfront costs and simply pay monthly for your solar power with a 20-year contract.
Small Business/Commercial/Non-Profit Financing
Focus your resources on your business and go solar without having to make a large initial capital outlay.
According to SEIA, “the price of solar energy systems has dropped rapidly over the past 5 years. In some places, it is more cost effective to deploy solar than buy electricity from the local utility. And no matter where the company is located, solar provides predictably priced electricity for 20 to 30 years. This hedge against utility price volatility is highly valuable to businesses that are focused on managing long-‐term budgets. Combined with innovative financing options that further reduce upfront costs, solar has a new value proposition that makes business sense for major companies nationwide.”
Capital Lease
Reap all the benefits of clean, reliable solar energy and utility savings with minimal capital outlay. With flexible buyout options at the end of the lease term, this is a great option for business owners who can take advantage of tax incentives and depreciation.
Operating Lease
Ideal for businesses or non-profit entities that cannot take advantage of federal and local tax incentives, this option offers all the benefits of clean, reliable solar energy and utility savings.
Power Purchase Agreement (PPA)
Power Purchase Agreements allow you to purchase the solar electricity for a fixed term at or below what you are currently paying the utility company without having to purchase the solar equipment. This option is ideal for solar electric systems 1000kW(1 MW) and above.