Financing your Solar System
Choose the smartest way to pay.
A solar panel installation currently generates a tax-free, reliable return that is a higher than the interest you will receive by putting your money in the bank.
We ensure that as well as being a good investment, your system is designed correctly for what’s most important for you. Sometimes a system that generates the most amount of power or gives you most independence from the grid may suit your situation best.
There are several ways to finance your solar installation, Dunedin Solar can help you choose the right solar finance option by providing a detailed analysis of your potential return on on investment, highlighting exactly how and when you can expect to break even, and start making profit from your solar system.
Your own savings
Using your savings offers the best rate of return. Solar power is a bankable and reliable energy source.
The cost of energy is rising, so your return on investment will only improve as prices increase.
A typical solar instillation will provide at least a 10% return on investment.
Obviously you should account for the ‘opportunity cost’ of using your savings, but we struggle to find a better option.
Local loan company
We can offer the option of finance through local company, Chasmont Finance.
Chasmont are a locally owned company, with 80 years plus experience in the industry.
Solar specific loans
ANZ Good Energy Home Loan
Existing or new home loan customers can borrow up to $80,000 at a fixed rate of 1% per annum for 3 years to purchase a solar system.
Westpac: Warm Up loan
Existing or new home loan customers can borrow up to $40,000 interest free for 5 years to fund a solar power system.
ASB Better Homes Top Up
ASB home loan customers can top up their Home Loan, up to $80,000 at a fixed rate of 1% per annum for 3 years to purchase a solar system.
BNZ Green Home Loan Top Up
Customers can borrow up to $80,000 at 1% per annum for 3 years to pay for a solar system
Kiwi Bank: Sustainable Energy Loan
Existing or new mortgage customers can add a loan to borrow $5,000 or more for the cost of a solar panel system. They will then contribute $2,000 over 4 years towards the cost of repaying the loan.
Fill in the form below and one of our designers will be in touch to discuss your solar project.