Solar Loan Dealer Fees: What Are They?

What homeowners should know

Why a low-interest solar loan can still produce a much higher financed price. Some solar loan structures include dealer fees or other financing costs that can materially increase the financed price compared with cash.

What to compare

Use written documents and compare the same fields across options. Separate equipment, financing, utility assumptions, warranties and any roof or electrical work so one number does not hide important differences.

A practical next step

Verify the current rules with the relevant utility, government agency, lender or contract documents before relying on a savings or eligibility claim. Keep copies of the proposal, agreement, plans, warranties and approvals.

Questions worth asking

• What assumptions are being used?
• What is included and excluded in writing?
• Who is responsible if something changes?
• Which current utility, lender or government rule applies?