Introduction 

Solar energy use has grown rapidly over the past decade.  Costs have dropped, while new ownership and financing models allow more Americans than ever to choose solar. Solar is now available as a power choice in all fifty states, territories and the District of Columbia. Going solar is a significant decision. By understanding the basics of solar energy, your solar options, and the right questions to ask solar professionals, you’re well positioned to make the right decisions.  

Many households purchase their solar and storage system with some type of financing. Each financing option has different payment schedules, interest rates, eligibility requirements, and other features. Like any major financial decision, it is important to understand your options and needs and shop around for the best deal.  

This fact sheet summarizes some of the options to finance the purchase of a solar and storage system and key questions.