Smart Payment Options for Solar + Storage
Explore your cash, loan, and lease options below:
Interested in Going Solar in Hawaii?
It’s no coincidence that Hawaii leads the nation in solar and battery storage adoption among U.S. homeowners. Rising electricity rates, planned power outages, and weather-related outages all contribute to the cost-savings and convenience of a home solar and storage system for Hawaii homeowners.
Adding solar with storage can lower your utility bill and keep your home powered during outages. Hawai‘i homeowners typically have three primary options to pay for a home solar and storage system: cash purchase, lease, or loan.
The right option depends on your budget, credit profile, how long you plan to stay in your home, and the level of involvement you prefer. Reach out to Sunspear for a free consultation and to learn more about:
- Upfront Cost
- Long-term Savings
- Level of Control
- Need for Energy Independence
Participate Energy
Prepaid Lease
- Fixed Monthly Payment – No surprises.
- 30–50% Off Your HECO Bill – Lock in predictable savings.
- Own Your Options – Expand later. Add batteries anytime.
- Buyout Flexibility – Buy out at year 6
- 30-Year Guarantee – Includes performance, warranty, and service.
- Local Service & Maintenance – Unlike mainland leases, your system stays in local hands.
Go Solar with GEM$
Turn your electric bill into energy independence! Refinance your HECO/HELCO bill with solar + storage, lock-in fixed energy rates for immediate savings.
The Green Energy Money $aver on-bill loan program is offered exclusively by the Hawaii Green Infrastructure Authority, and available through Sunspear Energy as your approved GEM$ contractor. It is an innovative on-bill solar financing program — no credit check, no minimum, no upfront cost, just immediate savings.
Flexible Financing Options
Flexible $0-down solar options for nearly any budget with access to available federal and state tax credits.
HIGA - GEMS
- Immediate estimated bill savings
- No credit check
- Obligation tied to the utility meter (not a person)
- Program Charge payments are conveniently made with your monthly electric utility bill
- Long-term financing of up to 20 years (for a more cash-flow friendly option) at a below-market, stated fixed rate of 5.5% per annum
- Homeowner or landlord will own the system. System owners may be eligible for tax benefits. Please contact your tax advisor for more information.
SUNGAGE
Convenient 5, 10, 15, 20 and even 25-year loan options. Make no payments on the tax credit portion of your loan until June of the following year.
Borrow up to $150K to finance your PV + Storage system.
HAWAII STATE FCU'S
A photovoltaic (PV) loan can help you finance your solar panel installation.
Hawaii’s high electricity rates make harnessing our abundant sunshine a no-brainer. Solar panels are an affordable and smart investment for many Hawaii homeowners.
No interest for 18 months, then low fixed rates
Enjoy 0% interest and zero monthly payments for the first 18 months. After that, get a rate as low as 7.70% APR² for the next 78 months. Over the full 8-year term, your APR could be as low as 5.165%.
AMERICAN SAVINGS BANK
Clean Energy Loan
- As low as 7.62% APR
- Loans From $1,500 to $70,000*
- 0.00% initial period for 12 months
- After initial period, 5.50% interest-only period for 6 months (months 13 to 18)
- After interest only period, fixed principal and interest payment period for 102 months (months 19 to 120)
- No prepayment penalty
CREDIT HUMAN
- Rates as low as 8.99%
- Loans up to $100,000
- Flexible 1st payment options:
45 days or 6-Months - No prepayment penalty on any of our loan
products - Loans are transferable (secured loans only)
PARTICIPATE ENERGY
Through our partnership with Participate Energy, we’re offering a Prepaid Solar Lease designed to deliver immediate value and long-term simplicity:
- Up to 35% upfront discount off the original system cost
- One single prepayment, no monthly bills for 25 years (loan providers also available)
- No credit underwriting or FICO requirement
- No property lien or UCC filing
- Fully transferable if you sell your home (no credit check required for the buyer)
- Option to take ownership of the system starting in Year 6
- 30 yr Solar Insure
BYOD+ Battery Storage Program
SAVE MONEY WITH HECO'S BATTERY PROGRAM
Hawaiian Electric’s Bring Your Own Device Plus (BYOD+) program pays homeowners with battery storage systems to send energy to the grid during peak evening hours (6–8 PM). You’ll get a generous upfront incentive and retail rate for the energy you export.
See how much you could be saving
Solar Panels & Home Battery Storage
CALL 808.400.9050 FOR A QUOTE
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