We are experiencing issues with our phone service provider at the moment. If we do not pick up on the first attempt, please try again or email us at: [email protected]

Solar Financing For Iowa Homes, Businesses, and Farms

Request A Quote For Our

Solar Services

Header Form
SolarDataIcon 01

Solar Services

Generators 01

Generators

BatteryStorage 01

Battery Storage

Charger 01

EV Chargers

Sun35x35 01

Solar Savings

ECGLogoV7 01

Schedule Your Appointment

Header Form

Solar Financing Advice & Resources

Unbeatable Financial Assistance From Iowa's Best Solar Installers

ECG Solar™ offers many solar financing options to fit your financial goals. Financing a solar project is a significant step and requires full consideration and analysis to discover the best long-term way to subsidize a project. Many of the methods listed here can be used to pay for all of our services and products. We can structure payments based on desired term or payment amount. A standard method is structuring a plan that is equal or less than what you are paying on average per month for the utility cost. However, as interest rates increase this becomes more challenging and may require a down payment to get you into a desired payment. All financing options are exclusive to our customers and ECG Solar™.

Financing Options For Solar Panel Systems

Cash

Cash is certainly the fastest and most economical way to finance any project.  With our impressive rate of return, you will find comfort in investing your money in technology with a guaranteed return that is often higher than any financial-based investment on the market place.  Typical solar paybacks with cash are 5 to 9 years, however loans provide paybacks in month 1 and tie up none of your capital.  You will still be entitled to your incentives and depreciation for all our loan programs.

Residential Solar Loans

We can offer conventional Solar loans with several nationwide and local partners providing financing on our renewable energy projects starting at 4.50% APR with payment lower than your current monthly electric bill. Some limitations apply and, of course, are subject to credit approval. Terms vary. Interested in financing? Please contact us today and we can start the process to renewable energy ownership. Click on the logos or email [email protected] to apply.

Commercial, Government and Municipal Solar Loans

We can offer conventional Solar loans with several nationwide and local partners providing financing on our renewable energy projects. Some limitations apply and, of course, are subject to credit approval. Terms vary. Interested in financing? Please contact us today and we can start the process to renewable energy ownership. Click on the logos to apply, email [email protected].

Commercial, Government and Municipal Solar Lease

We offer exclusive Solar leasing for commercial, non-profit, municipalities, and agricultural clients. Terms can be customized to suit your financial goals. These programs are designed to finance 100%, with no money down and no buy-out fees. You own the equipment upfront and receive all the tax incentives. For non-tax paying parties, we have solutions for financing your project with our investors taking the incentives and lowering your upfront investment. Click on the logos to apply or email [email protected].

Solar Power Purchase Agreements (PPAs) *NEW*

A Solar Power Purchase Agreement is a long term agreement where the business or organization agrees to purchase all of the electricity generated by a solar system at a contracted rate. The PPA provider installs, maintains, and operates the solar system – the commercial entity only pays for the power that is generated. In an optimal situation, the electric rate will be a little lower than what is charged by the current utility company.

A Solar PPA can be a low risk option to finance a system and due to some vagaries in the Tax Code, the ONLY way for a non-profit or governmental entity to receive an indirect advantage from the tax benefits for solar PV. For commercial businesses looking for the highest possible return on investment, one of the other previously mentioned options is often a better choice as the system is paid off sooner. Also, due to the complexities and ongoing monitoring involved, most PPA funders will only consider projects that cost at least $300,000 but we also have options for projects smaller than this. Click Here for more information on PPA’s.

Typical Features of Solar Power Purchase Agreements (PPAs):

  • Power Purchase Agreements require no upfront investment or maintenance costs.
  • Proposals vary based on the underlying economics, but typically the contract lasts for 15 to 20 years and may have up to a 3% annual rate increase escalator.
  • At the end of the contract, a new PPA can be negotiated or the system purchased.

Click to inquire: [email protected].

Solar Grants

Grants are funds that you receive to fund a part or all of your solar project that doesn’t have to be paid back. There are many opportunities for a various number of solar grants for different size projects and project types. Our expert grant writer can find and obtain valuable funding to help offset capital cost for solar projects. Currently no grants are available for residential projects, only for business, farms, non-profits and municipal projects. *Some restriction apply. Click the logos or email [email protected] to inquire.

Refinance or Second Mortgage

Consider talking to your bank about refinancing your home or doing a second mortgage. This could be a good time to get a lower interest rate and do whatever other projects you have been meaning to get to over the years. If energy efficiency upgrades are needed, then financing these upgrades and the renewable project are often cost effective. Click the logos or email [email protected] to inquire.

USDA Funding

REAP offers grants and/or loan guarantees for the purchase and installation of renewable energy generating systems. Assistance is limited to small businesses, farmers, and ranchers. Projects must be located in a rural area. REAP grants and guarantees may be used individually or in combination. Together, they may finance up to 75% of a project’s total cost. Grants can never finance more than 25% of a project, or $500,000 — whichever is less. The REAP program also supports energy efficiency projects. For more information, guidelines, and an application, please visit: USDA Rural Development. If you need help with this process, please contact the USDA directly.

Iowa Area Development Group (IADG)

The Iowa Area Development Group (IADG) offers Iowa businesses and industries a low interest financing option (1%) for energy efficiency improvements, renewable energy projects and energy management and implementation plans. Minimum loan amount is $50k and maximum is $500k up to a 10 year term. Origination fee is 1% which can be financed and direct deposits are required. The establishment of the IADG Energy Bank Revolving Loan Fund is intended to provide an ongoing source of low interest financing for the implementation of cost effective projects that will save energy and money, improve facilities and processes, and enhance job creation and profitability. 

Eligible applicants to the loan program are private sector business and industries including:

  • Agricultural
  • Commercial
  • Industrial
  • Manufacturing
  • Service
Get Started With Iowa's premier Solar Provider™

Schedule a solar consultation today! Click here to get started.

Advantages Of Solar Financing
Eliminate Energy Costs

Solar technology was conceived of more than a century ago and has been used in highly specialized applications for decades. However, the introduction of solar panels to the mass market for home and commercial use is a relatively recent development. And, like most new technologies, the cost was initially prohibitive for the average consumer.

This has changed quickly. In fact, as solar technology has advanced, prices have dropped exponentially. Today, solar panels can significantly defray or even eliminate monthly energy costs, making them an outstanding long-term investment. However, the upfront cost still deters many home and business owners. If you find yourself in this category, you may find that ECG Solar™’s convenient solar financing is the perfect option for you.

Our Solar Financing Programs

At ECG Solar™, we understand that no two solar panel installation projects are exactly alike. That’s why we offer a wide array of solar financing options to suit the specific needs and budgets of our clients. For example, one of our most popular options is an exceptionally affordable solar loan program that requires no money down and 2.99% interest and payments lower than your electric bill now. To find the ideal solar financing option for you, simply contact us and one of our knowledgeable representatives with a combined experience of over 40 years of financing will be happy to review our programs.

Make the Most of Your Solar Project

When you partner with ECG Solar™, you’ll not only be able to take advantage of solar financing to make your project affordable, but you’ll also receive the best possible value for your investment. We provide certified property assessments to determine the ideal solar configuration for each property and can even provide an energy output guarantee before installation takes place. And, we offer Premium Tier-1 solar panels from trusted names which not only provide best-in-class energy production and longevity, but are also backed with a 25-year, all-inclusive warranty.

Learn More About ECG Solar™
Why Choose ECG Solar™?

ECG Solar™, Iowa’s Premier Solar Provider™, carries state-of-the-art solar panels and energy-efficient systems available. We have a variety of products from Enphase™ storage battery systems, to Panasonic™ solar panels, to Kohler™ standby generators.  Our firm belief is that widespread solar conversion will help Iowan’s cut down on their electricity bills and help the environment.

Discover
What We Do
Sun35x35 01

Solar Panels

We carry Tier 1 Photovoltaic (PV) panels, ACPV systems by Panasonic™, and more.  You’ll get top-of-the-line products for a reasonable price.

Generators 01

Generators

Our Kohler™ standby generators are robust and durable units that will keep your power systems running when everyone else is in the dark.

BatteryStorage 01

Battery Storage

Save money and power for commercial and residential structures with ECG’s Enphase™ solar battery storage systems.

Charger 01

EV Chargers

Make sure your home or business vehicle never goes without a charge with one of our ECG Solar™ EV Chargers.

View Our
Solar Projects
Rykdoek

Home Solar |

Marion, IA

Butler

Home Solar |

Clear Lake, IA

Kosowski

Home Solar |

Cedar Rapids, IA

Hannen

Home Solar |

Cedar Rapids, IA

Anderson

Home Solar |

Cedar Rapids, IA

McDonald

Home Solar |

North Liberty, IA

McDonald

Home Solar |

North Liberty, IA

Rykhoek

Home Solar |

Cedar Rapids, IA

Hubin

Home Solar |

Marion, IA

Bell

Home Solar |

Cedar Rapids, IA

Ward

Home Solar |

Cedar Rapids, IA

Chez

Home Solar |

Iowa City, IA

Roeder

Home Solar |

Coralville, IA

Intlekofer

Home Solar |

Monticello, IA

Grinnell Mutual Insurance Company

Commercial Solar |

Grinnell, IA

Foley

Home Solar |

Marion, IA

Hubin

Backup Battery Power |

Marion, IA

Kenney

Home Solar |

Urbana, IA

Veatch

Generator |

Iowa City, IA

Jones

Home Solar |

Cedar Rapids, IA

Slach

Home Solar |

Cedar Rapids, IA

Kosowski

Home Solar |

Cedar Rapids, IA

Behrens

Home Solar |

Des Moines, IA

Zumbach

Home Solar |

Marion, IA

Carmack

Home Solar |

Moline, IA

Thomas

Home Solar |

Adel, IA

Erickson

Home Solar |

Marion, IA

Bentley

Solar |

Reinbeck, IA

Sloan

Home Solar |

Urbandale, IA

ECG Butler
Butler

Home Solar |

Waterloo, IA

Interested In Starting A Career With ECG Solar™?

If you’re interested in joining the best team of solar installers in the state of Iowa, then click the link below, and let’s see what you can do.