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Solar Financing

Solar Panel Financing

For Montgomery County residents only: Get a reduced interest rate for the first 15 years.1,2

Through a program with Montgomery County Green Bank, Climate First Bank is supporting Montgomery County, Maryland residents!

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Multiple Term Options

Choose the loan term that works best for your budget and energy goals.

20.5-Year Term1
  • 4.032% APR
  • Interest rate of 2.99% for the first 15 years for qualifying loans through Montgomery County Green Bank program.** Remaining loan term interest rate of 7.72%.
  • No Prepayment Penalties
  • No Dealer Fees
  • Auto-pay is required.
30.5-Year Term2
  • 4.864% APR
  • Interest rate of 2.99% for the first 15 years for qualifying loans through Montgomery County Green Bank program.** Remaining loan term interest rate of 8.00%.
  • No Prepayment Penalties
  • No Dealer Fees
  • Auto-pay is required.

Autopay enrollment is required to qualify for this program. Click here to view our other loan offers with optional autopay enrollment.

Partnership with Montgomery County Green Bank

Montgomery County Green Bank (MCGB), which serves a population of over 1.1 million people in the County, will offer loan subsidies that provide homeowners with discounted solar loans. The program also allows homeowners to include battery storage and roof replacement in their loan if needed as part of the solar installation.

Go solar with Climate First Bank

Our solar loan process is straightforward and hassle-free. Enjoy quick decisions and competitive interest rates. No Dealer Fees!

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1. Loans subject to credit approval. 4.032% APR based on a $50,000 loan with payments of $0 per month for 6 months, followed by $288.25 per month over 174 months, followed by $431.31 over 60 months. Interest accrues on the outstanding balance during the 6-mo no payment period. Nonrefundable processing and documentation fees apply (starting at $1,125.00).

2. Loans subject to credit approval. 4.864% APR based on a $50,000 loan with payments of $0 per month for 6 months, followed by $219.06 per month over 174 months, followed by $386.69 over 180 months. Interest accrues on the outstanding balance during the 6-mo no payment period. Nonrefundable processing and documentation fees apply (starting at $1,125.00).

**This loan program is only available for homeowners in Montgomery County, Maryland. Solar panels must be installed on a residential home located in this area. Loan is subject to credit approval. Autopay is required to qualify for the program. Other loan offers with optional autopay enrollment are available for qualifying customers. Incentive is only available to applicants with a total household income less than $163,900. Interest rate subsidies are provided by Montgomery County Green Bank.