First GREEN Bank Solar Loans

Never Pay for Power Again

First Green Bank offers a residential solar loan program

Aren’t sure whether solar panels are for you? Use our Residential Solar Energy Savings Calculator to find out how much money you’d save! Once you’re ready to make the switch, give us a call or visit one of our locations. Our representatives are more than happy to assist you with your application.

6.95%

Fixed Rate

7.16%

Apr*

5.95%

Fixed Rate

6.30%

Apr*

20 Year

Term

10 YEAR

TERM

Instant Savings

6.95%

Fixed Rate

7.16%

Apr*

5.95%

Fixed Rate

6.30%

Apr*

20 year

Term

10 YEAR

TERM

Savings
Instant

Residential Solar Energy Savings Calculator

Use our calculator to estimate your costs and savings on a 20 year loan before you apply.
Ask about our 10 year loan too.

Size of Property

1,000 ft2
<1,000 ft2 >5,000 ft2

Approximate Installation Cost

$3.25 per watt

Average Monthly Electric Bill

$ 250
<$100 >$800

Approximate Monthly Electricity Usage

1,200 kwh
80%
Net Zero (100%)

Use the Sliders to Calculate

Click here to contact your First GREEN Bank branch for more details

Based on the calculation, your building requires a 10 kW system

Approximated Installation Cost

$28,000

30% Federal Investment Tax Credit for Solar

Tax Credit

$480

Please visit our consumer loan page for more information related to this loan.

More Contact Information

Average Monthly Electric Bill

$240

Average Monthly Loan Payment

$229

In-Your-Pocket
Savings**

$11

*Annual Percentage Rate (APR) and payments are based on a $22,000 loan, effective 4/9/2018.

Installation cost is calculated as a representative sample of a 2,000 sq. ft home. Certain terms or conditions may apply and offer of credit is subject to credit approval. All systems must be warrantied for a minimum of the loan term. Interest rate and terms and conditions are subject to change without notice. Limited time offer. 10 YEAR TERM: Payments are calculated on a 10 year term. The first 3 months are interest only based on the loan amount outstanding, followed by 116 monthly consecutive principal and interest payments of $248.35; and on the 120th month, one final payment of $248.16. 20 YEAR TERM: Payments are calculated on a 20 year term. The first 3 months are interest only based on the loan amount outstanding, followed by 236 monthly consecutive principal and interest payments of $170.99; and on the 240th month, one final payment of $170.88.

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