Financing For Solar

If you want to enjoy the benefits of clean renewable solar power, A Plus Heating & Air Conditioning can provide a variety of financing options for you to consider.  Here are the three of the most popular choices:

Solar System Ownership Financing Program

To maximize your solar power investment, A Plus Heating & Air Conditioning offers a very affordable 12-year financing program.  Interest rates vary from 6.49% to 10.99% based on credit approval and Fico scores.  With this program, you can get started today with absolutely NO MONEY DOWN.  In addition, there are no prepayment penalties, and the homeowner can reamortize the loan one time during the first 18-months.  This allows the homeowner to apply the 30% Federal Tax Credit to the loan to shorten the loan term, or to reduce the monthly payments.  In most cases, the monthly payment is less than what you are paying the utility now for electricity.  In other words, you are not paying any “new money” for your solar electric system, as much as redirecting what you are already paying the electric company now.

HERO Financing Program

A Plus Heating & Air Conditioning is a registered contractor for the Home Energy Renovation Opportunity (HERO) Program.  This program provides residential homeowners in most communities throughout Southern California with access to low interest financing for energy-efficiency improvements in their homes.  It is available in most of Orange County, Los Angeles County, Riverside County, San Bernardino County, and San Diego.  It allows property owners to finance solar power systems through their property taxes, without spending any money out of pocket and without a credit score requirement.

To find out if your city is in the program, call us at 800-519-7093, or go to the HERO Program Website.

Solar PPA (Power Purchase Agreement)

A Power Purchase Agreement allows homeowners to buy solar power at a set rate that is usually equal to, or less than, the market rate from your utility company.  Because a PPA solar electric rate is secured for the duration, a homeowner can protect themselves from inevitable electric rate increases. 

As a PPA customer, homeowners can treat their electric usage as a service, similar to other services utilized around the home (Cable Packages, Satellite Television, Pest Control, Yard Service, etc).  You pay just for the solar power, not the solar equipment or the installation on your home.  And it comes with a bumper-to-bumper 25-year performance guarantee.