Loans and Escrow
Financing
Off Grid Solar Works is not a lender and does not offer loans. However, we have arrangements with multiple lenders and can assist you in getting started with them.
Financing can offer some real advantages. For instance, one of the lenders provided us with this example based on one of their financing programs:
- With approved credit, a $30,000 loan could have a monthly payment as low as $225—of course, only a loan officer can give you an accurate figure.
- Additionally, if the solar investment tax credits were applied to reduce the loan, the monthly payments could drop to as low as $150. To top it off, even lower monthly payments are possible with the option for up to 10 years of interest-only payments during the withdrawal period.
Escrow
Worried about making a large payment to a solar company? It’s a valid concern, given the investment involved. With Off Grid Solar Works, your funds are placed in an escrow account and are not released until all contractual terms are fulfilled. This ensures a smooth transaction without the risk of payment disputes.