OneRoof Energy expands solar financing options

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OneRoof Energy offers two new solar financing options, secured and unsecured solar loans, in addition to their solar lease.

 

OneRoof Energy has expanded its product suite and options for customers by offering two new solar financing options. In addition to the company’s SolarSelect lease, the firm now offers both secured and unsecured loans for solar systems, delivering options that allow homeowners to select the right type of financing for their individual needs.

Homeowners going solar often face a complex and daunting process of choosing the optimal way to go solar. OneRoof Energy is committed to making this process easier and more accessible through its new loan financing options. In addition to leasing solar, the company’s new available options include several secured loans up to 20 years and unsecured loans with terms up to 12 years. The new flexible loans set a path to ownership and provide opportunities to receive applicable federal and state tax credits and benefits, which can significantly reduce the cost of the system to qualifying homeowners.

While solar leasing remains the dominant financing product of choice, a significant number of homeowners desire lending options or find that the benefits of a path to ownership better suit their financial situation.

“Giving homeowners increased choice when considering clean energy will ultimately accelerate the already amazing growth of rooftop solar,” said David Field, president and CEO, OneRoof Energy. “Our new loan options are a complementary addition to our signature SolarSelect lease product, which provides an extremely attractive option for homeowners who want to see immediate savings on their monthly utility bills without big upfront costs.”

The new loan products have been integrated into the company’s SunOpps software platform, allowing its sales team to guide customers through the financing product selection process and build the specific solution that best works for for each homeowner.