💰What is a Solar Cash Deal?
- When a customer wants to make direct payments to Equity Solar for their solar system.
- The homeowner will own the system. This means they may be eligible for the Federal Tax Credit.
- There is no term for this agreement. However, Equity Solar still keeps and monitors the system for a full 25 years.
Payment Terms
- 40% Down Payment
- 40% Upon scheduling the installation (48 hours before the installation)
- 20% Upon completion of the installation.
Payment Methods:
- Bank Transfer/ACH through Quickbooks
- Cashier's Check
- Money Order
Note: The down payment can be made with a Personal Check. A Cashier's Check is not necessary.
Sales representative are responsible for collecting the initial down payment, either through a check or by contacting the Finance department to send an invoice, enabling the customer to make the payment with the corresponding account number and routing information. To request the invoice from the finance team to the customer, the sales representative must send an email to the finance team at equityfinance@myequitysolar.com
Sales Representative should follow up until ensuring the first payment is made.