Power Saver™ Program

Solar Photovoltaics—Loans

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