Residential Financing
We provide several lending options for our residential customers. Each program has its unique advantage and designed to help drastically lower your electric bills from month one of going solar with no money out of pocket.
PACE Lending with Renewfinancial
PACE or Property Assessed Clean Energy is a financing program that allows you to make home improvements with no money down. Financing is paid back over time as part of your property taxes and qualification is not based on your credit score. PACE features a fast and simple application process and has on of the longest payment terms of up to 30 years.​​ PACE is also an ownership or purchase program.
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100% Financing with No Down Payment Required
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​The cost of eligible projects and products can be financed in their entirety, which eliminates the requirement to pay large out-of-pocket expenses upfront​.​
Long Repayment Terms
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Repayment terms of up to 30 years for some projects, which leads to lower and more affordable payment
No Minimum Credit Score Required
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Your credit score does not have any bearing on qualification. However, you must have a history of paying your taxes and mortgage debt against the property on time.
No Pre-Payment Fees
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The PACE assessment can be paid off completely at any time, or paid-down in increments of $2,500
PPA with LightReach
PPA or Power Purchase Agreement allows our customers access to a complete solar and battery (storage) system installed without any upfront cost or need for a purchase loan. Our PPA program is provided by LightReach which has been providing PPA Energy programs to thousands of home owners through out the country. Similar to a solar lease, a solar PPA is an agreement that sets a fixed rate per kWh, which is lower than the rates charged by local utility companies. With a PPA, LightReach takes full responsibility for installation and system maintenance for up to 25 years.
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No Upfront Costs
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PPA's require no upfront cost to the customer. Once approved, you can get a complete Solar and Storage​​ system and fix your energy rate for up to 25 years.
Predictable Energy Costs
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​In 2022 alone, energy costs for the average American increased by 14.3% compared to the previous year, mainly due to unforeseen rate hikes. LightReach’s PPA Energy plan customers however, enjoyed a fixed rate escalator between 0.99% - 2.99% per kilowatt hour — protecting them from rate increases and creating long-term savings without the upfront costs.
Buy Out Option
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Home owners have the option to purchase the system from LightReach at year 5 of the energy plan and is valued by a third party to ensure an honest and fair market value for the system. ​
Available for Second Homes and Rental Properties
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Property owners can utilize the PPA Energy Program on their second or rental properties, helping lower their tenants electrical bill for years to come.