Banking on Solar: Debt Finance in Today's Distributed Market

Research output: NRELPoster

Abstract

Over the last two years, several entities - from banks to credit unions to solar finance companies -have rolled out distributed solar-specific loan programs in the United States. These solar-specific loans are a distinct loan in that the underwriting, loan terms, lender security interest, and other programmatic aspects are designed exclusively for the financing of solar installations. Until recently, loan financing for distributed solar installations was largely through home equity loans, commercial loans, and other standardized loan products available to homeowners and businesses for general expenditures. However, as the U.S. solar market matures, so too are its financing options, and solar-specific loans stand to gain market share. This poster was presented at the Solar Power International conference in Las Vegas, NV in October 2014.
Original languageAmerican English
StatePublished - 2014

Publication series

NamePresented at Solar Power International, 20-23 October 2014, Las Vegas, Nevada

NREL Publication Number

  • NREL/PO-6A20-62669

Keywords

  • banking
  • financing
  • loans
  • solar
  • solar power international
  • standards

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