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.
Qualifying households must meet income guidelines (see the table below), must not be on PECO’s Customer Assistance Program, must have a roof less than 5 years old, and cannot have defaulted on any of their PECO bills in the past 12 months. The individual signing up for Solarize Philly must be the person whose name is on the deed to the house.
Interested households can sign up via the sign-up form on our homepage.