Solar financing
Going solar is a big investment, but it doesn’t have to break the bank.
Solar costs have been coming down in recent years, making it more affordable for homeowners to take advantage of the financial benefits of renewable energy. Still, it may cost $20,000 to $40,000 or more to install a residential solar system.
Customers have a range of options for financing their solar system, whether it’s by paying cash, taking out a loan or leveraging rebates and grants.
Each option has its pros and cons, but the team at Wolf Track Energy can help guide you to the solution that makes the most sense for your situation.
Wolf Track Energy has strong relationships with local lenders that can offer reasonable rates for solar installations.
Financing options
Cash
Get all the benefits of solar now and see savings on your electricity bill right away when you pay upfront. Enjoy decades of low, predictable electric bills.
Loan
We can help you find a lending partner that fits your needs. A range of financing options are at your disposal, like a home equity line of credit or third-party financing from your bank or credit union.
Incentives
Take advantage of the 30% federal solar tax credit for 2023.
Some power companies provide rebates to their solar customers. Minnesota Power customers could apply for the Minnesota Power SolarSense program.
Local financing options
