Lower your energy costs! A win for you and the environment!

MariSol is committed to conserving and protecting natural resources now and in the future. Our commitment extends to our members, staff, and our community. We will engage in projects and programs that promote environmental sustainability. Our first program towards environmental sustainability is the introduction of the Smart E Energy Efficient Loan. We are offering the same low rate to all borrowers to upgrade their homes for better efficiency, which leads to lower energy costs. Low-cost financing to lower energy costs is a win for you and the environment!

 

A Smart E Energy Efficient loan can be used for:

  • Solar water heater
  • Energy-efficient water heater
  • Small wind energy
  • Geothermal heat pump
  • Heat pump
  • Insulation and duct-work repairs and re-routing
  • Energy-efficient windows
  • Eternal window shades

A Smart E Loan Solar System Installation loan can be used for:

  • The Initial Installation of solar panels can include a battery
  • Repair of the roof to install solar panels
  • Battery for already existing solar panels – see rate sheet for terms and limits

Important terms to know about solar installation loans:

  • Loan amounts to $50,000.
  • Terms up to 240 months.
  • No prepayment penalty.
  • No requirement to apply any applicable tax credit to the loan.
  • The borrower must meet MariSol's field of membership qualifications.
  • Owner-occupied properties only. The borrower must have a two-year occupancy history.
  • The refinancing of an existing solar system is permitted.
  • Click here to see our low rates.

Apply Now

Not sure where to start to modernize your home for environmental sustainability? Get an Energy Audit and learn about rebates offered. An audit can provide details on what needs to be updated or replaced. MariSol will accept the report for the loan request.

SRP or APS

 

 

Important Terms Disclosure:

 

APR= Annual Percentage Rate. All loans are subject to approval. A $40,000 loan at 6.99% APR for a term of 144 months is a monthly payment of $411.30.

Loan proceeds are payable to vendors only, no cash-out. A contract or proposal is required for energy improvements.

 

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