Residential Solar Financing
How to Finance Your Project
There are a couple of options when it comes to financing.
Self Financing
Self-financing is a popular option for purchasing solar systems. This option offers great financial returns over the lifetime of a solar PV system and will reduce your payback period. Take advantage of tax credits that will cover a considerable portion of the cost.
Loan with American Savings Bank
“Clean Energy Loan”
Finance your solar with a local Hawaii bank at their Puhi branch. They have over five years of experience with island residential solar loans. Plus, you have the ability to get your tax credits back. Open a checking account with American Savings Bank to get started.
Product Features & Benefits
As low as 5.069% APR*
Loans From $1,500 to $70,000*
0.00% APR initial period for 24 months
No payments during the first six months followed by monthly principal-only payments of 0.50% of principal for months 7 to 24 (initial period)*
After initial period, principal and interest payment period for 96 months at a fixed rate
No prepayment penalty