Financing Options with Ygrene

March 30, 2024 | by Michael Devereaux


Financing Options with Ygrene

Welcome to the Energy 101 Blog, your source for information on all things solar. In this article, we will explore the financing options provided by Ygrene for homeowners interested in solar power and other energy-efficient improvements.

About Ygrene

Ygrene is a unique finance company that administers a program called Property Assessed Clean Energy (PACE) financing. PACE stands for Property Assessed Clean Energy and allows homeowners to receive 100% financing on anything that makes their homes more energy efficient or hurricane protected.

Benefits of Ygrene Financing

  • No down payment or deposit required
  • Easy approval process based on home equity and mortgage status
  • Low monthly payments
  • No impact on personal credit rating
  • Extended payment terms of up to 30 years

Qualifying for Ygrene Financing

To qualify for Ygrene financing, homeowners need to meet the following criteria:

  • Have at least 10% equity in their homes
  • Be up to date on mortgage payments
  • Not currently in bankruptcy
  • Paid taxes on time for the past three years

Financing Solar Power

In recent years, solar power has become a popular choice for homeowners looking to reduce their carbon footprint and save money on electricity bills. With Ygrene financing, homeowners can go solar without the upfront costs. The financing options allow homeowners to install solar panels and pay for them over time through their property taxes.

The Benefits of Solar Energy

Switching to solar energy offers multiple benefits:

  • Significant savings on electricity bills
  • Reduced reliance on fossil fuels
  • Lower carbon footprint
  • Increased home value
  • Protection against rising energy costs

How Ygrene Makes Solar Affordable

Ygrene allows homeowners to finance their solar installations through their property taxes. This means that the cost of the solar system is divided into manageable monthly payments that are added to the property tax bill. The payments remain the same each month, making budgeting easier.

Flexibility in Payment Terms

Ygrene offers flexible payment terms, allowing homeowners to choose the payment plan that best suits their financial situation. Homeowners can decide on the interest rate, the length of the payment term, and even make additional payments to pay off the system faster.

Other Eligible Home Improvements

In addition to solar power, Ygrene financing can be used for several other home improvements that increase energy efficiency and protect against hurricanes. Examples of these improvements include:

  • Impact windows and doors
  • Roofing systems
  • Air conditioning systems

Taking Advantage of Ygrene Financing

To take advantage of Ygrene financing, homeowners can follow these steps:

  1. Visit the Ygrene website and choose the desired project
  2. Contact Ygrene directly to inquire about financing options
  3. Discuss payment terms and choose the plan that fits their needs
  4. Work with a licensed contractor to complete the selected home improvement project
  5. Enjoy the benefits of a more energy-efficient home


Ygrene financing offers homeowners a convenient and affordable way to invest in solar power and other energy-efficient home improvements. With flexible payment terms and easy approval process, homeowners can make their homes more energy efficient without breaking the bank. Whether it’s solar panels, impact windows, or a new air conditioning system, Ygrene provides the financing options needed to make these upgrades a reality. Take the first step towards a more sustainable and cost-effective home by exploring the financing options available from Ygrene.