Own Your Future

Enium offers easy and affordable solar financing for your home.

Our Commitment

We are committed to helping homeowners access the benefits of solar energy through simple and affordable solar financing options. Our solutions are designed to fit your unique needs and budget. Our team of experts is here to guide you through every step of the process.

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Homeowners

With Enium's solar financing, homeowners can reduce their reliance on utilities, generate their own clean energy, and take control of their energy costs. Enium empowers homeowners to make a positive impact on the environment and their finances.

Installers

Enium's platform provides installers with access to financing partners and fast approvals, streamlining solar project management and enabling affordable financing options for customers. With Enium, installers can scale their business and put more solar panels on more homes.

Lending Partners

Enium enables banks and lenders to offer diversified solar loans with access to our network of reputable installers and streamlined underwriting and servicing processes. Our partners tap into the growing demand for renewable energy financing.

Save Money, Save the Planet

Enium's solar financing provides homeowners with stable and predictable energy, immune to inflation and rising utility costs. By financing a solar installation, homeowners can take control of their energy bills and reduce their reliance on the grid.

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  • 2010
  • 2012
  • 2014
  • 2016
  • 2018
  • 2020
  • 2022
  • 2024
  • 2026
  • 2028
  • 2030
  • 2032
  • 2034
  • 2036
Projected Historical

MONTHLY SOLAR PAYMENT

$120

UTILITY BILL

$271.27

PERCENTAGE OF SAVINGS

55.8%

Projections based on US Bureau of Labor and Statistics. Individual homes' needs will vary.

Secure a future you can believe in for your family, your home, and our planet with Enium.

States and Territories We Serve

Enium serves multiple states and US territories, including Puerto Rico and USVI, empowering homeowners and businesses to embrace clean energy solutions and contribute to a greener future.

Enium History

January 2013
December 2014
March 2015
April 2015
December 2015
December 2016
July 2018
October 2018
January 2019
December 2020
January 2022

Blog

Enium news from around the world and useful information about solar financing

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Homes powered by Enium and counting

By aligning interests, Enium brings legitimacy and longevity to an often short-sighted solar industry.

Frequently Asked Questions

  • Federal, state, or local governments often offer financial incentives to encourage homeowners to adopt solar energy, in addition to any rebates your utility may offer. These incentives can include tax credits, rebates, or grants, which can significantly reduce the upfront cost of going solar. One of the advantages of financing your solar project through Enium is the promotional period offered at the beginning of your loan. This promotional period gives you 12 months of a lower monthly payment to allow you to apply for any incentives or tax credits you may be eligible for. These incentives can be applied directly to your loan balance during this period. At the end of the promotional period, the principal on your loan balance will be re-amortized, lowering your monthly payment. Enium’s team can provide guidance on available incentives and help you maximize the financial benefits of your solar panel installation.

  • Enium utilizes proprietary technology to process your loan application quickly and efficiently. You will receive an initial approval or denial within moments of submitting your application. However, this approval is contingent upon the verification of information provided and the loan product you choose.

  • Typically there are no hidden fees associated with their loans. However, it’s essential to review the loan agreement carefully and ask questions to ensure you have a clear understanding of all costs. While there might not be upfront costs in the traditional sense, there may be some one-time costs associated with the solar panel installation, such as permits or equipment upgrades, which your sales representative will discuss with you upfront.

  • Enium’s eligibility criteria include credit score, income, and homeownership status. Generally, a higher credit score improves your chances of loan approval and may lead to more favorable loan terms. A steady income is essential to demonstrate your ability to make regular loan payments. Homeownership is required since solar panel installations are integrated into the property.

  • The application process for an Enium solar loan is designed to be straightforward and efficient. To begin, your solar sales rep will walk you through the Enium online application process. You’ll need to provide some basic information about yourself and your home, such as your name, address, income verification and estimated energy consumption. Enium’s expert team will then review your application and work with you to finalize the loan details, including loan amount, interest rate, and repayment terms.

  • Enium offers competitive interest rates based on your creditworthiness and financial profile. The interest rate may be fixed or variable, depending on the loan product you choose. Repayment terms can vary from a few years to several decades, allowing you to select a plan that aligns with your budget and financial goals. During the application process, Enium’s team will present you with different loan options and thoroughly explain the interest rates and repayment terms for each option.

Does my loan work with government tax credits and incentives?

Federal, state, or local governments often offer financial incentives to encourage homeowners to adopt solar energy, in addition to any rebates your utility may offer. These incentives can include tax credits, rebates, or grants, which can significantly reduce the upfront cost of going solar. One of the advantages of financing your solar project through Enium is the promotional period offered at the beginning of your loan. This promotional period gives you 12 months of a lower monthly payment to allow you to apply for any incentives or tax credits you may be eligible for. These incentives can be applied directly to your loan balance during this period. At the end of the promotional period, the principal on your loan balance will be re-amortized, lowering your monthly payment. Enium’s team can provide guidance on available incentives and help you maximize the financial benefits of your solar panel installation.

How long does it typically take to get approved?

Enium utilizes proprietary technology to process your loan application quickly and efficiently. You will receive an initial approval or denial within moments of submitting your application. However, this approval is contingent upon the verification of information provided and the loan product you choose.

Are there any upfront costs or hidden fees?

Typically there are no hidden fees associated with their loans. However, it’s essential to review the loan agreement carefully and ask questions to ensure you have a clear understanding of all costs. While there might not be upfront costs in the traditional sense, there may be some one-time costs associated with the solar panel installation, such as permits or equipment upgrades, which your sales representative will discuss with you upfront.

What are the eligibility criteria for obtaining an Enium loan?

Enium’s eligibility criteria include credit score, income, and homeownership status. Generally, a higher credit score improves your chances of loan approval and may lead to more favorable loan terms. A steady income is essential to demonstrate your ability to make regular loan payments. Homeownership is required since solar panel installations are integrated into the property.

How does the application process for a solar loan work?

The application process for an Enium solar loan is designed to be straightforward and efficient. To begin, your solar sales rep will walk you through the Enium online application process. You’ll need to provide some basic information about yourself and your home, such as your name, address, income verification and estimated energy consumption. Enium’s expert team will then review your application and work with you to finalize the loan details, including loan amount, interest rate, and repayment terms.

What are the interest rates and repayment terms?

Enium offers competitive interest rates based on your creditworthiness and financial profile. The interest rate may be fixed or variable, depending on the loan product you choose. Repayment terms can vary from a few years to several decades, allowing you to select a plan that aligns with your budget and financial goals. During the application process, Enium’s team will present you with different loan options and thoroughly explain the interest rates and repayment terms for each option.

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