DT Solar is not a lending institution but any customer can easily find a bank or loan company to get financing. Most banks will offer a short term loan (60 months) on a solar installation. If you would like DT Solar to find a bank to refer to you it will. Is it a high payment?... yes but look at it like this:
$21,000 Loan over 60 months comes to about $27,000 with interest. The interest should be tax deductible and you'll still receive a 30% tax credit from the federal government.
[$21,000 - ($21,000 x .3) ] + ($27,000-$21,000) = $20,700 as the cost to go solar
A monthly payment for 60 months would be $455 and sometimes the bank will allow you to refinance after 1-2 years because of you tax credit.
The system generates about $100 a month towards your electric bill.
Solar Financing a Solar system:
12-15 year payback
Net Profit Between: $20,000 and $30,000
Return on Investment Between: 85% and 125%
Numbers are based on good credit / average solar cost / standard 60 month loan and 3 - 5% inflation rate in utility price.
So it still pays to go solar even if you need to finance.
The reality is most local banks will offer close to the same rates as a "solar financing" bank. If you would like DT Solar's assistance in finding a good bank for financing you will be referred and get a call. DT Solar is not a lending institution so it cannot quote payments or act as a lending institution BUT it can contact banks and refer them to you. Whatever it takes to get your business.