Refinancing Your Solar Loan | Smarter Energy Upgrades

Getting the financing offered by a solar installer is an easy way to get up and running. But is it the best deal?

With over 250 days of abundant sunshine every year, Southern California is the perfect place to go solar. Not only is solar energy better for the environment, in the long run, it can be better for your wallet, too. That said, the initial investment can be pretty pricey, and if you’re like most homeowners, a little financing help may be needed. That’s why many solar installers bundle both the solar system and a solar loan all in one.

Going with the financing offered by a solar installer is often the easiest way to get up and running. But that doesn’t necessarily mean it’s always best deal. Rates and terms can vary widely, and without shopping around, you may end up paying more than you need to.

Fortunately, you’re not stuck with a less than ideal solar loan. Here at Frontwave Credit Union, we offer Solar & Energy Efficiency loans for both purchase and refinancing, with financing up to $75,000, and terms up to 20 years.*

Refinancing your solar loan offers lots of options. For example, you might be able to save money by getting a lower interest rate. Or you could make your payment more affordable by changing up your term. Prefer to pay your solar off faster? Refinancing to a shorter term can help you make it happen – and may qualify you for a lower rate.