Use our simple calculator to see if you qualify for up to $13,000 in financial assistance and other benefits like reduced energy bills and a 30% Federal Solar Tax Credit.
This program offers a practical way to combine financial support with energy efficiency, making homeownership more affordable and sustainable.
Answer a few quick questions to get started on your path to affordable, energy-efficient homeownership.
Financial Assistance: Up to $13,000 (3.5% of the purchase price) to use for down payments, closing costs, debt repayment, or savings.
Lower Energy Bills: Solar panels can reduce your monthly utility costs by $200 or more, saving up to $12,000 over five years.
30% Federal Tax Credit: Receive a tax credit covering 30% of your solar installation costs. For a $40,000 system, this means $12,000 in savings.
Increased Home Value: Solar panels can increase your home’s market value by approximately 5%. A $300,000 home could see a $15,000 boost in value.
Simplified Solar Financing: The cost of solar panels is included in your FHA loan, eliminating the need for separate financing or upfront payments.
Environmentally Friendly: Reduce your carbon footprint and reliance on traditional energy sources while enjoying the financial benefits of going green.
After verifying your eligibility, you’ll be guided through the next steps of the program. This includes connecting with a loan officer, completing the required education course, and scheduling a solar energy assessment.
Take the first step today and explore how the FHA EcoSmart Solar Program can help make homeownership more affordable and sustainable for you.
