Washington solar financing

Financing solar for your home in Washington

Several financial institutions offer low-interest loans for residential and commercial solar installations. These are generally zero-down loans with no fees and the only collateral on the loan is the solar equipment.


Puget Sound Cooperative Credit Union: Best overall solar financing solution

Rates as low as 3.5% from the most experienced solar lender in the region. Apply online at psccu.org.

Verity Credit Union: Nonprofit donation with every solar loan

Fixed rates, terms up to 20 years, and $100 community giveback to your charity of choice for every solar loan. To learn more or apply, go to veritycu.com/solar.


Generations Credit Union: Best for balancing cash flow over time

Generations CU created a special “Solar Cash Flow” loan with payments timed around your federal tax credit and state incentives to reduce the principal payments and achieve small monthly loan payments. Apply online at generationscreditunion.com.


Umpqua Bank: Best for a home equity line of credit

If you want to leverage equity in your home, Umpqua has a great solution for solar combining rates as low as 3.99% and a flexible HELOC, though this option generally has more paperwork and takes longer than a term loan like PSCCU’s. Apply online at umpquabank.com.


Craft3: Best for low monthly payments or lower credit scores

Craft3 is a non-profit lender with an on-bill solar financing option for Seattle City Light customers that accommodates credit scores as low as 590 and offers special interest rates for households earning up to 80% of the area median income. Apply online at craft3.org.

Financing for putting solar on your business in Washington

Securing financing for commercial projects generally requires technical information about the solar project submitted with a loan application. As such, we are happy to work through the loan application process with you.

Solar energy is a stable asset that more and more banks are warming up to. Your project might be best suited for a long-term lease, a power purchase agreement, or a traditional term loan.

Our commercial projects team maintains a list of recommended financing options for solar in your area. We can help you determine the best option for financing your solar project.

“The smartest investment I’ve made in years.”


Take advantage of our free consultation so we can provide the answers you need to make an informed decision.