Solar energy has never been more affordable
Up until recently, going solar could be costly. These days, however, panel prices have stabilized at an all-time low, and generous state and federal tax credits can help mitigate much of the costs – in some cases, up to 70%! There’s still the initial investment, though, and that’s where a Community Solar Loan from Visions comes in.
With a Community Solar Loan, you can finance up to $50,000 towards your panel over a period of up to 15 years. The extended term means manageable payments, and we even allow you a one-time, penalty-free re-amortization option. Sound complicated? Let’s break it down.
With the re-amortization option, we recalculate and lower your monthly payment once you’ve paid down your balance – free of charge, and with no change to your interest rate. That means that if you’ve paid a large chunk towards your principal – or applied those state and federal tax credits to your loan balance – we let you bring your payment down without having to worry about reapplying.
It’s all part of our commitment to making renewable energy more accessible and affordable. Plus, we even offer you the option of debt protection, giving you peace of mind that you’re covered for life’s uncertainties.