There are two ways to finance your solar energy system with $0-down: through the Dividend EmpowerLoan or through PACE-CA.
Property Assessed Clean Energy, or PACE, financing allows property owners to fund solar energy projects with little or no up-front costs. With PACE, residential and commercial property owners living within a participating district can finance up to 100% of their project and pay it back over time as a voluntary property tax assessment through their existing property tax bill.
PACE can eliminate the need to pay out of pocket for your project. Repayment may be amortized for a period of up to 20 years, keeping your monthly payments low enough that your utility savings may exceed your payment, creating a net-positive cash flow. Also, the interest may be tax deductible. PACE ties the loan to the property and not an individual, so you may not need to be concerned about recouping the cost of your improvements if you decide to sell the property before the loan is repaid because the loan may transfer upon sale or refinancing of the property.
Solar energy systems are an attractive asset for Homeowners looking to sell their homes, as rooftop solar has been shown to increase the value of the home while reducing its time on market.
A 2013 study from the Lawrence Berkeley National Laboratory indicates that a medium-sized residential solar system can add more than $20,000 to the value of a home. In addition, according to a study that was sponsored in part by the U.S. Department of Housing and Urban Development, home values can increase on average by $20 for every $1 reduction in annual utility bills. A system that produces $100 of electricity per month could lead to a $25,000 increase in the value of your home.