Question 1

Can I get solar with no money down?

Accepted Answer

Yes. UnionGrid offers $0-down financing through partner lenders, so you can install a system with no upfront cost. The monthly payment is typically lower than the electric bill it replaces, so most homeowners are cash-flow positive from month one.

Question 2

What credit score do I need to finance solar?

Accepted Answer

Most solar loan programs approve credit scores from 650 and up, with the best rates above 700. UnionGrid works with multiple lenders so we can match you to the right program — there are options even with thin or rebuilding credit.

Question 3

What is the federal solar tax credit and how does it work?

Accepted Answer

The federal residential clean energy credit is 30% of the installed system cost, including batteries, with no cap. It's a tax credit (not a deduction) you claim on your federal return for the year your system is placed in service. Talk to a tax professional for your specific situation.

Question 4

Loan vs. lease vs. cash — which is best?

Accepted Answer

Cash maximizes lifetime savings (you keep all the production and the tax credit). A solar loan gives most of those savings while preserving capital. A lease is the lowest commitment but has the lowest savings since the leasing company keeps the tax credit. Most Florida homeowners choose cash or loan.

Question 5

When do my loan payments start?

Accepted Answer

Solar loan payments typically start 30–60 days after your system is interconnected and producing — not at signing. That avoids paying for power you can't use yet.

Question 6

Are there state or local solar incentives in Florida?

Accepted Answer

Yes. Florida exempts solar systems from property tax assessments and from sales tax on equipment. Some utilities offer additional rebates. UnionGrid checks every available incentive against your specific address and utility.

Question 7

Can I finance battery storage too?

Accepted Answer

Yes. Battery storage qualifies for the same 30% federal tax credit and can be rolled into the solar loan, so you can get backup power without a separate financing application.

Question 8

What happens to my solar loan if I sell my home?

Accepted Answer

Solar loans are typically tied to your name (not the house). At sale, you can pay off the loan from sale proceeds, transfer it to the buyer if the lender allows, or roll the buyout into the home price. Most homes with paid-off solar sell for a premium.

Solar Financing Options

Solar Loan

Cash Purchase

Lease Options

Available Tax Incentives

Federal Tax Credit

State & Local Incentives

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Solar financing — common questions