Financing​

There are a multitude of benefits to going solar and it has never been easier. We handle all the paperwork for our financing packages, rebate applications and utility interconnection agreements so you don’t have to.

PACE (Property Assessed Clean Energy) – These assessments are attached to the property, not the homeowner, and are paid back through the property tax system over time, making the program not only energy efficient but also affordable. Repayment is made through an assessment added to your property tax bill.

A Secured Loan is a loan secured by your property. Like your existing mortgage it is generally paid monthly until paid off. Your financial institution is often an excellent resource. In addition, we can offer at or below market fixed rates usually with no prepayment penalty and no fees.

An Unsecured Loan is a loan secured by your good credit. It can be used when other the other financing options may not be desirable or feasible. Although the rates on an unsecured loan are generally higher than secured loans, it can still make good financial sense in certain situations.

Saving Money:   All of our systems will save you money.  If you finance with us or your institution, you will start saving right away …  more than you would have paid the utility.  You can save thousands over the life of the system while enhancing the value of your property for resale. If a solar system will not save you money we will tell you right up front.  At Bella Sol Systems always offer a free, no obligation analysis of your unique situation.
Utility Rebates:  The California Solar Initiative offers rebates on solar thermal systems.  The rebate is determined by both the size of your system and your local utility.  We will take care of all the paperwork involved in claiming your rebate.
Tax Credits: The federal government is currently providing a 26% ITC (Investment Tax Credit) on the net cost of your system.  This is NOT a tax deduction … it is an actual tax credit.  For example, if you owe $10,000 on your taxes and your ITC tax credit is $7000, you can just subtract that $7000 from what you owe.  Currently the ITC can be used all in one year or carried forward as far as 3 years.
Tax Deductions:  If you finance your system, the interest portion of your loan payment may be deductible on your taxes (consult your tax consultant for details).
Environmental Benefits of Solar Power: According to leading environmental scientists and researchers conducting experiments and using complex calculations, the typical solar power system with photovoltaic panels will avoid the release of nearly 2.2 lbs of carbon emissions for every 1 kw of system power rating compared to burning fossil fuels.   For the standard example of a typical 5.0 kw solar power system that equates to roughly 2.2 metric tons of carbon dioxide (one of the main greenhouse gases causing climate change) not being released into the atmosphere!  In other words, the more electrical energy that is produced with renewable resources such as solar power, the less carbon dioxide will be sent into the already overtaxed environment.  In fact, installing a solar power system now not only makes financial sense, but likely will be the single greatest contribution any one person can make today to mitigate disastrous environmental costs to earth’s future.
 
Increased Property Values: Scientists at Sandia National Laboratories have developed a solar appraisal tool to more clearly determine the value of a solar system and prove it adds to the value of your property. This is especially true here in California in today’s (and tomorrow’s) real estate markets.