Solar Financing | Altadena CA | Altadena Energy & Solar

Financing Options for Residential Solar Systems

For homeowners, we offer flexible financial options for you to save on your eletricity bill. You can purchase your system or lease one for $0 down payment. Altadena Energy & Solar offers third-party loan option as well. Also check our Cost FAQ section for information that may help you better understand how much a system will cost.

Purchase

You own the solar system and lock in the electricity price once and for all for the next 30+ years, with no more worry about utility price increases or fluctuations. The price for solar panels is affordable, and the utility rebates and federal tax credit cover at 30% (as of 2024) of the solar system's cost. Purchasing a solar electric system is the best way to get you an excellent rate of return on investment.

Lease Program

Altadena Energy & Solar offers in-house lease-to-own program. $1,000 deposit down due at agreement signing, and fixed monthly payment for the duration of the lease (6-year, 10-year or 15-year lease term). All leased systems are owned and operated by Altadena Energy & Solar, and come with money-back power production guarantee and proactive all-inclusive warranty during lease period to give you an extra peace of mind. If you decided to sell your home before the lease term end, you can buyout the lease, or simply transfer the lease to the next homeowner.

Third Party Solar Loan

We are authorized contractor with Go Green Financing -- which is a part of the California Hub for Energy Efficiency Financing (CHEEF), a state-administered program working towards a cleaner and more energy-efficient California. Funds from investor-owned utility ratepayers power our program, and we partner with finance providers and local contractors to make it happen. CHEEF is administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), which is housed in the California State Treasurer’s Office. Currently only Southern California Edison customers are eligible for this program (not avaiable for LADWP, PWP, and GWP customers), and your project must include an energy storage component to qualify (no solar-only financing).

We also work with Energy Loan Network to provide 3rd loan option, we recommend this for LADWP, PWP and GWP customer who are not currently eligible for the Go Green Financing program. Check out their website for more details: https://energyloannetwork.com/