Are you ready to go solar but don’t have the upfront capital? Western Solar Inc has partnered with Puget Sound Cooperative Credit Union to give you options.
Through their Solar & Energy Efficiency Financing program, PSCCU provides solar-specific loans, unlike other credit unions and banks which only offer home equity loans. PSCCU offers an outstanding deal with terms up to 15 years and loan amounts up to $50,000, with fixed rate loans as low as 4.25%.
Other Solar Loan Features:
- A solar loan with PSCCU is against the solar equipment itself, rather than your home
- PSCCU has the option for you to reamortize once at no cost
- No pre-payment penalties; many solar customers opt to apply their 30% federal tax credit to their loan
- Fixed rates
- Flexible payment options
| RATE* | TERM | LOAN AMOUNT* | FEATURES & BENEFITS |
|---|---|---|---|
| 4.25% – 7.49% | up to 72 months | $1,000.00 min $50,000 max |
|
| 4.25% – 7.74% | over 72 months up to 180 months |
$1,000.00 min $50,000 max |
|
*All loans subject to approval. Rate and maximum loan amount based on credit score. Minimum payment $50.00. Rates are current as of September 1, 2014.
