SolarTown Launches Residential Solar Loan Program

SolarTown, a Washington, D.C.-headquartered e-commerce store and community, has introduced a new solar loan program. The company says this program will offer residential customers the opportunity to purchase solar panels with no money down, no payments and no interest for 365 days.

The loans will be provided by EnerBank USA, based in Salt Lake City. Repayment terms vary from 24 months to 132 months, and the loans carry a 17.51% fixed APR, subject to change. Interest is waived if the loan is repaid in 365 days.

SOURCE: SolarTown LLC

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