Are you ready to make the switch to solar energy but worried about the upfront cost? Finding solar panel companies near me with financing is the first step to making solar affordable. With the right financing plan, you can reduce or eliminate upfront costs and start saving on your electricity bills from day one. In this guide, we’ll show you the best solar companies offering financing, explore the available options, and help you compare features, pros, cons, and pricing.
Why Financing Is Key When Choosing a Solar Panel Company
Financing solar panel installation allows homeowners and business owners to spread out the cost of the system over time. This makes going solar more accessible, especially when paired with government incentives like the 30% federal tax credit.
Main Types of Solar Financing
- Solar Loans – You own the system and qualify for tax credits.
- Solar Leases – The company owns the system; you pay monthly to use it.
- Power Purchase Agreements (PPA) – Pay only for the energy your system produces.
- PACE Financing – Property Assessed Clean Energy loans tied to your property taxes.
- In-House Financing – Provided directly by solar installation companies.
Top Solar Panel Companies Near Me Offering Financing
Here are some of the most reliable, highly-rated solar companies in the U.S. offering flexible financing options.
| Company | Use Case | Pros | Cons | Price Range | Financing Options |
|---|---|---|---|---|---|
| Sunrun | Residential installations | Zero upfront, lease or PPA available | No ownership with lease | $10,000–$30,000+ | Lease, PPA, loan |
| Tesla Energy | Modern, tech-savvy homeowners | Low-cost, sleek design | Limited installer availability | $9,000–$25,000 | Loan, cash |
| Momentum Solar | All-inclusive solar packages | Personalized service, in-house financing | Not available in all states | $11,000–$28,000 | In-house loan |
| SunPower | High-efficiency panels | Premium quality and support | Higher cost | $15,000–$35,000+ | Lease, loan, cash |
| Blue Raven Solar | Budget-conscious customers | $0 down, flexible terms | Limited availability | $8,000–$25,000 | Loan, BluePower+ plan |
1. Sunrun
Sunrun is one of the largest residential solar companies in the U.S. Their BrightSave™ lease and PPA options require no upfront payment and include maintenance.
Best For: Homeowners looking for low-commitment, zero-down solar options.
2. Tesla Energy
Tesla offers competitively priced solar systems with clean designs and optional Powerwall storage. Financing is available through Tesla or approved third-party lenders.
Best For: Tech-savvy homeowners who want modern solar + storage systems.
3. Momentum Solar
Momentum provides customized solar systems with white-glove service and direct, in-house financing. They handle everything from design to permitting and install.
Best For: Those wanting a tailored solar solution with full-service support.
4. SunPower
SunPower delivers some of the most efficient solar panels on the market, backed by comprehensive warranties and multiple financing options.
Best For: Homeowners who value efficiency and long-term performance.
5. Blue Raven Solar
Blue Raven’s signature BluePower+ financing allows homeowners to get solar for $0 down and no payments for 18 months.
Best For: Budget-conscious buyers who want maximum flexibility.
Key Benefits of Choosing Solar Companies With Financing
Financial Flexibility
Spread payments over time without large upfront costs.
Immediate Energy Savings
Most financing options result in a lower monthly cost compared to traditional electricity bills.
Tax Incentives & Rebates
Loan-based options allow you to claim the 30% federal tax credit plus local rebates.
Ownership or Lease Options
Choose to own your system or opt for third-party ownership based on your preferences and financial goals.
Maintenance Coverage
Leases and PPAs often include maintenance, giving peace of mind.
Use Case: Solving the Cost Barrier of Going Solar
One of the most common reasons homeowners delay switching to solar is cost. By choosing a company that offers financing, you bypass this barrier. Whether you’re financing a large system for your entire home or starting with a smaller array, affordable payment plans open the door to energy independence.
Where to Buy & How to Buy
You can begin your solar journey by requesting a free quote from trusted providers. Use their websites to compare financing terms and calculate your potential savings.
Steps to Buy
- Request a Quote from at least 2–3 providers.
- Evaluate Financing Terms – Compare loan APRs, lease length, or PPA rates.
- Assess Energy Needs – Providers will calculate optimal system size.
- Sign Agreement and schedule installation.
- Enjoy Savings as soon as your system goes live.
Find and Buy Now
- Get Sunrun Quote
- Compare Tesla Solar Prices
- Request Momentum Solar Consultation
- View SunPower Plans
- Apply for Blue Raven Financing
FAQs
Q1: Do solar companies near me offer $0 down financing?
A1: Yes, most major solar providers offer $0 down options through leases or loans.
Q2: Can I still get the tax credit if I finance my system?
A2: Yes, if you choose a loan and own the system, you are eligible for the federal solar tax credit.
Q3: What credit score is needed for solar financing?
A3: Most lenders require a credit score of 600–650+, though some providers are more flexible.
Q4: Is leasing or buying better?
A4: Buying through a loan offers better long-term savings and ownership benefits. Leasing offers lower commitment and no maintenance.
Q5: How long is a typical solar loan?
A5: Solar loans typically range from 5 to 25 years, depending on the provider.