San Antonio Credit Union
A deep commitment to long-term sustainability drives SACU to create innovative products that support our community to build a better tomorrow.
SACU proudly introduces its first environmentally friendly Solar Home Improvement Loan, designed to impact our neighborhoods and those who seek to reduce their carbon footprint and their overall energy costs.
What is It?
This unique loan is designed to finance the installation of solar energy improvements on your home, including solar arrays, solar hot water heaters or other improvements generated through a solar system.
Guidelines:
- Loan term up to 30 years.
- Loan amount up to $80,000
- To check current rates, visit sacu.com
- CPS Energy rebates can be applied, subject to CPS Energy
How Much Does it Cost?
A typical residential solar system is 5 kilowatts and currently costs about $5.00 per installed
watt. This translates into approximately $25,000 for the average installed system, although this is an estimate and the true cost will vary based upon house size, age and energy needs.
CPS Energy will rebate about 33% of the total cost, and a federal tax credit of 30% is applied to the remaining balance. If the consumer applies both the rebate and the tax credit, payments could be less than $50 per month. Solar energy systems potentially increase the property’s long-term value while significantly reducing the owner’s monthly utility bill by using the natural energy of the sun. It’s never been a better time to take advantage of this affordable, renewable power source.
How do I apply for a Solar Home Improvement Loan?
Call 210-258-1785 and a Loan Advisor from SACU will help you do your part to improve our environment through solar power.
SACU.com | 210.258.1785
Harnessing The Power Of The Sun – One Home At A Time.
Billy Moore
210-220-6145
Billy.Moore@FrostBank.com
BBVA Compass
Herbie Treinies
210-828-2857
Herbie.Treinies@bbvacompass.com