Why you should finance with us instead
Financing through a solar company will cost you extra. Although they present lower rates upfront, they can compensate for those savings through the cost of installation. Class Act can give you solar loan pricing at the cash price of the solar panels, saving you thousands of dollars overall.
- No origination or application fees
- 60 days no payments
- No prepayment penalties
- Use your tax credit to pay on the principal on your loan—which lowers monthly payments
- Competitive rates, which means lower monthly payments
- Loan protection options
Kentucky Renewable Energy Incentive
In addition to the federal solar tax credit, Kentucky homeowners have net metering system where excess energy produced by solar panels can be used as credit for their next electric bill. Solar panels can also make your home more valuable, but the trade-off is you will pay property taxes on the increased value of your home from installing solar panels. Across the United States, the average home experiences a 4.1% increase value.
Indiana Renewable Energy Incentive
Unlike Kentucky, you will not pay property taxes on the increased value of your home from installing solar panels. Additionally, Indiana deducts a portion of the cost of installation of solar energy from your state taxes. For more information, contact your county tax office or the Indiana Department of Local Government Finance.
| Amount | Up to 84 Months | 85 - 120 Months | 121 - 180 Months |
|---|---|---|---|
| $5,000 - $30,000 | 7.75% APR* | 8.00% APR* | 8.25% APR* |
| $30,001 - $50,000 | 8.00% APR* | 8.25% APR* | 8.50% APR* |
*APR = Annual Percentage Rate. Rates effective as of 1/1/2026 and are subject to change without notice. On approved credit. Other rates and terms may apply. Rates shown reflect a 0.25% discount for automatic payments. Payment example: A $25,000 loan with a 15-year term at 8.25% APR* would have an estimated monthly payment of $243 or $9.72 per $1,000 borrowed. Not available for the refinance of existing Class Act loans.