Financing Options

Solar Financing

The old adage, “if it sounds too good to be true, it probably is too good to be true,” is something to keep in mind with solar loans. Many solar companies are offering incredible financing options or free solar for a year but the loans are usually for leasing a system versus owning a system. Why go from renting your electricity from a utility company to renting your electricity through a solar lease? Remember, nothing is truly free. MexLucky Energy is a division of Kautz Construction that has been around for over 45 years. We pride ourselves on being transparent and we will help you find the best financing to meet your needs. Our financing option allows you to own your system upfront and take advantage of any Federal and State tax incentives. We strive to find you a financing option that will cost you less than what you are presently paying for electricity. Once your loan is paid off, you have free electricity (based on homes that have 100% electricity offset).

Zero Money Down calculating solar panel loan

Our zero money down options have no upfront costs, six months of no payments and up to 25-year financing. Your first payment begins after your solar system is installed. All your payments go towards paying off your solar system, and there is no prepayment penalty. On average, a residential solar system’s payback is between 8-12 years.

 

Are you ready to own your solar system?

 

Is your credit score 680 or above?

 

 

 

*Federal Tax Credit:  The federal tax credit for Solar PV is equal to 30% of the total installation cost.  The amount of tax credit recaptured in the first year is dependent on the amount of federal income tax paid/owed in that tax year.  If any portion of the credit is remaining, it may be carried forward if needed.