Special Financing
Increasing Solar Access
Part of the Philadelphia Energy Authority’s core mission includes making clean energy and energy efficiency technologies more accessible and affordable to all citizens of Philadelphia.
PEA is offering a special financing option for 45 households as a pilot program. Participants will still be expected to finance a portion of the project, and financing for a variety of credit profiles will be made available. This financing product will be structured as a $0 down 15-year lease, where the homeowner will make monthly payments for the solar power produced. The lease payments will be structured with a goal of providing 20% savings in year 1.
Eligibility Requirements
To qualify for the special financing pilot, households must:
- Meet the income guidelines in the table below
- Have a roof less than 7 years old
- Have paid all PECO bills on-time and in-full for the past 12 months
- Be owner-occupied.
Interested households can sign up via the sign-up form on our homepage.
