Equal Earth Brings Homeowners More Options with Solar Loans

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Equal Earth announces that it has expanded its solar financing products to include solar loans for residential customers. The new solar loan program complements Equal Earth’s existing lease financing options, giving homeowners another path to saving money with solar.

 

 

 

As is well-known by now in the solar industry, solar leases have accelerated the adoption of solar in states like California and the 21 others where they’re allowed.

 

But that leaves out people in states like Georgia, where you can’t currently lease solar. And others may simply prefer to own their systems — after all, you save more over the long run with ownership.

 

In response to this need, more solar loan options are emerging. A leader in the area has been Admirals Bank. They’re providing home solar financing programs that allow homeowners to monetize the solar tax credits, rebates, and other incentives associated with ownership of their system.

 

Other players are coming on to the scene. One of these is Equal Earth, a clean energy solutions provider based in San Diego that serves commercial and residential customers in California, Colorado, and Hawaii.

 

Today, the company announced that it has expanded its solar financing products to include solar loans for residential customers. The new solar loan program complements Equal Earth’s existing lease financing options, giving homeowners another path to saving money with solar.

 

Like a solar lease, Equal Earth’s solar loan program allows customers to go solar with no money out of pocket. But unlike with a lease, these customers will own their solar systems.

 

Equal Earth aims to significantly expand their customer base with this new offering.

 

“Our goal is to make it easier for our customers to go solar,” stated Equal Earth Chairman, President and CEO Andrew Duggan. “By providing another compelling financing option, Equal Earth is opening up another segment of the market that prefers system ownership,” added Duggan.