Tag: loans

  • Solar ownership passed leasing in 2017: Here are three reasons why

    Ownership officially surpassed the solar lease as the preferred financial vehicle of homeowners in the United States, according to the U.S. Residential Solar Finance Update, H1 2018, from GTM Research. This trendline started to emerge in 2015, got close in 2016 and officially tipped in 2017, with 59 percent ofRead More — Solar Builder magazine

  • Solar prices, payback periods fall in latest Solar Marketplace Intel Report

    EnergySage released its third semiannual Solar Marketplace Intel Report, providing the most detailed analysis of the U.S. residential solar market to date. In addition to its comprehensive analysis of solar price trends, consumer buying behavior, and market share statistics, this most recent report features several new additions, including national andRead More — Solar Builder magazine

  • New residential solar loan option added by Spruce Finance through its new platform

    Spruce Finance Inc. wants to make residential solar finance sales easier than ever by adding a new solar loan to its existing power purchase agreement (PPA) and lease product suite. The loan and PPA are available on Spruce’s new platform, SpruceFlow, which uniquely allows solar companies to offer homeowners multipleRead More — Solar Builder magazine

  • Consumer watchdogs call out solar leasing, urge FTC to ban arbitration clauses

    Solar leases, while diminishing in the market and will eventually give way to loans, are still the most common residential PV system funding model at this moment. They have obvious downsides for a homeowner, but a consumer watchdog group founded by Ralph Nader, Public Citizen, is calling out a less discussedRead More — Solar Builder magazine

  • SolarCity launches new solar loan program to replace MyPower option

    SolarCity, amid onlooker concerns after its last few earnings reports, has started to change things up a bit and offer new services and products. We reported on the utility-scale strategy a few weeks ago, and now the company has unveiled a new solar loan program—available in 14 states –that will allow manyRead More — Solar Builder magazine