Great news is here for those who’ve wanted to go solar but found upfront price an obstacle – through a new partnership with Mosaic, ReVision Energy is now able to offer you solar loans for no money down, with monthly payments the same as or lower than your current electric bill. That’s right, trade your power bill for solar.
The model of trading out a utility power bill for residential solar has led to the staggering growth of solar in places like Colorado, New Jersey, New York, and California, but the math has not quite penciled out in Maine and New Hampshire…until now.
How do solar loans work?
Start the process by talking about solar with ReVision Energy. We will design you a system like we always have. Then, we discuss how a solar loan works, and look at how to build the best loan package possible – often including complementary tech like water heaters and heat pumps, which accelerate the return of investment of solar.
Mosaic is recognized as a leader in being a socially-responsible lender and is dedicated to accelerating the transition to 100% clean energy. They offer a streamlined, consumer-friendly lending process, coupled with easy online access, so customers can instantly qualify for no money down loans with fixed interest rates and multiple loan term options.
In this way, you can effectively trade your power bill for solar.
Mosaic solar loans are enabling Americans to go solar like never before. Solar energy is one of the safest investment options on the market today, delivering a 100% guaranteed financial return on investment, along with community and environmental returns on investment.
When you produce more electricity than you use, you will send power back into the grid (powering your neighbors’ house!) and earn a credit. Those credits go against your electric bill at other times of the year. So for example, if you complement your solar array with an air source heat pump to provide heat, you can run this electric appliance off of stored sunshine from the summer, in the form of credits you banked with your utility. Many of our customers go from having electric bills of $100-200/mo, to the minimum fee to stay connected to the grid.
Barrett Miles and his fiancée moved into their first home, and with the help of ReVision Energy and Mosaic they have installed solar power and a heat pump water heater, and plan to add heat pumps, too. We spoke to Barrett, who happens to also be an employee of Mosaic, about their experience going solar with the help of a solar loan: