Austin Energy offers low-cost loans to purchase
and install solar electric power systems.
Low Interest Loans for Solar Energy We contract with Velocity Credit Union to offer a current Market Interest Rate loan to install solar photovoltaic power systems. This offer is available to our residential customers with single-family residences.
Loans of up to $20,000 are available with terms
as long as 10 years .
No fee
No closing costs up to $400
No lien required on loans up to $15,000
No prepayment penalty
Thank you for your interest in our Power Saver Program. Please note that you can apply for both a loan and a rebate.