Solar Tyme USA, LLC
Solarize Your World!!

It's tyme for solar savings!!
Servicing Georgia and Alabama

Solar Financing - Lease vs. Bank Loan

The solar leasing companies don’t want you to see your real costs for electricity, including your 15+ year lease payments. Although the solar lease option saves you a little bit of net cash in the first few years, it is very clear that a solar lease is much more expensive in the medium and long term. For a typical 5,000 watt system in Silicon Valley, the total electricity costs over 25 years are $92,000; with a solar lease, the total costs are $82,000; with a solar bank loan the total costs are $42,000, and with a cash purchase the total costs are $39,000. Basically, with today’s low solar prices, leasing is a bad deal!

Exchange your electricity bill with solar energy payments today!!

Solar Tyme USA's $olar financing program helps homeowners own their solar energy source rather than rent their energy source.  Our solar financing program requires no money down and is hassle free.  The interest rates are also Tax Deductible!!

Admirals Bank is Solar Tyme USA, LLC's Solarize Finance Partner.  They have one of the best, hassle free solar finance programs.

Admirals Bank's Solar Finance Program
  • No equity or appraisal requirements
  • StepDown borrowers may request a one-time re-amortization within the first 24 months from the date of funding to lower their monthly payment. This allows them to pay down the loan with solar tax credits and incentives they may receive.
  • No prepayment penalties
  • Funds disbursed to borrower before work begins
  • Tax deductible interest (consult your tax advisor)
  • Access to a team of renewable energy financing experts

30% Federal  Renewable Tax Credit

The Federal Solar & Renewables Investment Tax Credit Has Been Extended!

"On Friday December 18, 2015, the U.S. House and Senate agreed by significant margins to grant extensions to the 30 percent investment tax credit (ITC) for solar energy and the 2.3-cent-per-kilowatt-hour production tax credit (PTC) for wind power."

- Renewables Boom Expected Thanks to Tax Credit - Scientific American


QUICK FACTS ABOUT THE INVESTMENT TAX CREDIT
The following solar electric systems will qualify for a 30% federal tax credit:
  • All grid-connected residential and commercial solar electric systems to include all materials, components, and installation.
  • All off-grid residential and commercial solar electric systems to include all materials, components, and installation.
  • All RV solar electric systems for RVs and boats that are established for tax purposes by the IRS as a second home.
  • All expansion to existing grid-connected or off-grid solar electric systems where at least one solar panel is included.
  • All emergency backup battery systems where at least one solar panel is included.
Rural Energy for America Program -
Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants

  • Grants of $20,000 or less: October 31, 2016 and March 31, 2017;
  • Unrestricted Grants (up to $500,000): March 31, 2017;
  • Loan Guarantees are competed continuously throughout the year.