Solar loan
Borrow USD 5,000–150,000 for a solar installation on an owner-occupied California property with up to four units.
Ta możliwość jest obecnie dostępna po angielsku.
WPCCU lends you money for a solar installation, which you repay with interest through monthly loan payments. The loan has a fixed rate. Windows, doors, heating and cooling equipment (HVAC), lighting, batteries and roofing can be included as part of the solar installation.
The solar rate schedule effective 1 July 2026 lists annual percentage rates (APR) from 6.49% for 12 years, 6.99% for 15 years and 7.49% for 20 years. Your actual rate depends on your credit score and ability to pay; rates may change. WPCCU’s example of USD 35,000 at 6.49% over 12 years has 144 monthly payments of USD 350, excluding some fees and costs.
The fee schedule lists USD 175 for a solar loan UCC filing and USD 175 for UCC termination, fees for registering the loan under the Uniform Commercial Code and later closing that registration.
Eligibility
- The property must be in California, owner-occupied and contain no more than four units. The primary applicant must own it.
- You must provide a valid solar contract and permit. The loan requires credit approval.
- WPCCU membership is required. You can join if you live, work, worship or attend post-secondary school in Los Angeles County. You must keep USD 25 in your primary savings account.
- If you design, buy and install your own system, you must follow local building codes. Some manufacturers require a certified installer for their warranty.
How to apply
- Status
- Nabór ciągły
- Warunki naboru
- Credit approval and WPCCU membership are required.
Book a virtual consultation with WPCCU’s Energy Loan Specialists to discuss financing your solar project. Find a solar company to supply the system and installation, or follow the self-installation conditions above, and provide the solar contract and permit for financing.
If you need to join WPCCU, use its new membership page or apply at a branch. Account opening requires two valid forms of identification, proof of your current address if your ID does not show it, your Social Security number, a credit card or bank account to fund the account, and a USD 25 deposit.