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    Residential Solar Loans: The Benefits

    Maximizing the financial benefits for homeowners, simplifying
    the application process, and ensuring performance guarantees.

    Whether you go solar with a loan, a lease, a PPA or an up-front cash purchase, you will likely save money on your utility bill immediately. However, the financial benefits of owning your system – either through a Dividend Solar EmpowerLoan or a cash purchase – highlight the clear advantages of ownership.

    The federal government currently provides a tax credit equal to 30% of the system cost for Homeowners who buy and own their system. For example, on an average $30,000 system, the government offers a $9,000 tax credit which can be carried forward if you do not use it all in the first year. In addition, many states and local governments also provide tax credits to encourage homeowners to go solar *. In a loan, these tax incentives belong to the Homeowners who purchase their system, but in a lease, third-party finance companies are the direct beneficiaries of the credits because they are the ultimate owners of the systems.

    The Dividend Solar EmpowerLoan combines the benefits of a lease – no down payment, energy cost savings, hassle-free maintenance and performance guarantees – with the financial upside from solar ownership. To simplify the application process, we have built a fully-automated online platform with no required paperwork. To erase concerns around system maintenance, we partner with leading installers across the U.S., who provide performance guarantees and product warranties on every Dividend Solar system.

    EmpowerLoan vs. Lease/PPA Comparison

    EmpowerLoan™ Lease / PPA

    $0 Down Option

    Savings from Day 1

    Simple Application Process

    System Performance Guarantee

    System Warranty

    Real-Time Performance Monitoring

    No Annual Inflation Escalators

    Easy Process When Selling Your Home

    Home Value Appreciation

    No Prepayment Fees

    Receive Federal / State Tax Credits

    Tax Incentive Form Preparation

    Build Equity in Your System

    Maximize Financial Benefits

    *Dividend Solar does not provide tax or legal advice. Please consult your tax advisor for more information.

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