Save Over Time

Homeowners looking to finance the solar panel cost over a longer time may be eligible for loans designed specifically for home solar installations. Summit teams up with the top solar loan providers to offer loan products with terms of up to 20 years. Loan options include zero money down and no upfront costs, allowing immediate saving on electricity bills.

Solar loans are often best for customers who wish to minimize short-term expenditures while maximizing long-term savings from solar. Loans allow you to lock in low monthly payments and claim benefits from tax credits and other government incentives. A study from the National Renewable Energy Laboratory estimates that loan-financed solar can save up to 30% more over the life of a solar panel than going solar via a power purchase agreement (PPA). Our loan providers offer workmanship warranties and real-time performance monitoring, so you can check your system and home energy usage.

Pros: Spread solar costs over long term, greater savings than PPA
Cons: Higher financing costs than “cash,” higher credit requirements than PPA

Get a Free Solar Panel Quote

Speak With a Solar Energy Expert

State and Federal Incentives

Aside from the solar industry having positive impacts on our environment and greatly contributing to the independence of our nation’s energy use, the solar industry supplies more jobs than the coal, gas, and oil in the United States! To promote the growth of the solar industry state and federal governments offer solar tax breaks to homeowners to incentivize them to use solar. These Tax cuts can reduce the cost of your solar system anywhere from 30 to 50 percent! Source:

Tax Credits

Homeowners and business qualify for a tax credit worth 30 percent of the cost of their system from the federal government.

Cash Rebates

Cash Rebates can reduce the cost of your system by another 10 to 20 percent!

Solar Renewable Energy Certificates

Solar Renewable Energy Certificates or SRECS are a great way to have your solar system make money for you.

Explore our other solar plans

Solar Purchase

System Owner
  • No monthly payments
  • No financing fees
  • Minimal Paperwork
  • System warranties for 25 years
  • Receive Tax Credits and Incentives

Solar PPA

System Owner
Summit Solar
  • No upfront cost
  • Low monthly payments
  • Easy qualification
  • Locked in savings rate
  • PPA partner to own, insure and maintain

Get the Summit Difference in your area


  • Short Form 2019