If you’ve been thinking about installing a solar photovoltaic (PV) system to your home, now is the time to get that project started. By now you’ve heard all about the benefits of going green with a PV system and how it will reduce your monthly electric bill. But let’s face it, it isn’t cheap! However, with the help of both state and federal tax credits, PV systems are becoming more and more affordable.
While the tax benefits and other incentives provide a lot of assistance in the overall cost, the initial cost of a PV system is still a big investment. If you don’t have the upfront cash to pay for this immediately, there are financing options available including Hawaii Central Federal Credit Union’s (HCFCU) Solar Photovoltaic Loan special. This loan has flexible terms that can help you with the initial purchase and installation costs. With HCFCU’s Solar Photovoltaic Loan, you are able to work with the solar contractor of your choice, and in some cases, you can qualify for the “cash price,” which can save you thousands of dollars.
If a PV system is still too big of an investment right now, HCFCU has other loan products including a Solar Water Heater Loan Promotion to help make your home a little greener and save you money. The company’s loan officers will work with you to find the best financing solution for your specific needs because when it comes to any big investment for your home, it is important to find professionals that you are comfortable working with. To learn more about HCFCU’s Solar Photovoltaic Loan special or any of its other loan products, call the Consumer Loan Department at 536-3677 or visit 681 S. King St.
The tax information is provided as a guide only. Please consult your tax adviser for official guidance.
contact // 536-3677
address // 681 S. King St.
web // www.hccu.info
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