Centrosolar America and LightStream have launched a new loan program for financing residential solar installations that enables homeowners to own their systems and keep the tax and utility benefits.
LightStream, the online consumer lending division of Atlanta-based SunTrust Bank, will offer unsecured solar energy loans in amounts up to $100,000 to qualified homeowners. These solar financing loans will be available nationwide through Centrosolar America's network of more than 600 solar installers in 43 states.
The partners say that in addition to other benefits, system ownership avoids potential issues related to selling a home with a leased solar installation.
