Our policy is simple
We sell and install solar and storage systems. We do not provide financing or offer leases. Any borrowing is arranged independently by you with the lender you choose.
Start with the installed system price and a clear scope of work. Then decide how to pay for the project.
Our suggestion if you need to borrow: a home equity line
ABC Solar suggests talking with your bank or credit union about a home equity line of credit (HELOC). It gives you a way to arrange borrowing directly with a lender while purchasing and owning your solar equipment.
We favor this approach because it lets you evaluate the installation price and the borrowing terms separately. Ask your lender to compare the total cost, fees and repayment terms with other available options.
Choose terms that protect your household budget
A HELOC is secured by your home. If you cannot repay it, you could lose your home. Rates are usually variable, and payments can rise when rates change or the repayment period begins. A HELOC is not automatically the safest or least expensive choice for every homeowner.
Read the Consumer Financial Protection Bureau’s explanation of HELOCs.