FinancingUp to date · Jan 15, 2026
Green Bank
A public or quasi-public financing institution dedicated to accelerating clean energy deployment by offering low-cost loans, credit enhancements, and other financial products.
Why It Matters
Green banks make solar accessible to homeowners who may not qualify for traditional financing, often offering below-market rates and flexible terms.
Real-World Example
The Connecticut Green Bank offers low-interest solar loans and has helped deploy over 400 MW of clean energy in the state.
Related Tools
Related Terms
PACE (Property Assessed Clean Energy)
A financing mechanism where solar and energy efficiency improvements are funded through a voluntary assessment on the property tax bill, repaid over 10-25 years.
Solar Loan
A financing product specifically designed for solar installations, typically offering 10-25 year terms. May be secured (using home equity) or unsecured, with rates from 3-9%.