In Residential Rebates & Programs

The City of Milwaukee and Summit Credit Union are pleased to offer low-interest solar loans to help Milwaukee homeowners add solar to your homes.

Milwaukee Shines Solar Loans: At-A-Glance

Summit Credit Union and the City of Milwaukee are offering up to $2 million in low-interest solar loans to help Milwaukee homeowners finance your solar energy systems costs.

  • Eligible Participants: City of Milwaukee homeowners of 1-3 unit, owner-occupied residences
  • Loan Size: Up to $20,000
  • Interest Rate: Low-interest, fixed rate (as low as prime + 1.50%)
  • Terms: Up to 15 years to repay. No penalties for early payment, no fees, no down payments
  • Eligible Projects: Solar electric systems (up to 6 kW), solar hot water systems (1-8 panels) or solar hot air.
  • Must be installed by a Focus on Energy Residential Ally solar installer
  • Eligible Expenses: All equipment, labor, permits, and interconnection fees. Solar loans can also be used for structural reinforcement and re-roofing expenses if these upgrades are part of the solar project.

How it Works: Step-by-Step Guide

  1. Select a solar installer. It is recommended that you get at least two bids. Your solar installer must be a Focus on Energy Residential Ally.
  2. Apply for your solar loan at Summit Credit Union.
  3. Fill out the Summit Solar Loans Application (include info from your installer’s bid).
  4. After your loan has been pre-approved, schedule and install your solar project.
  5. Once your project has been completed, fill out the Solar Loan Completion Certificate.
  6. Contact Summit Credit Union to close on your loan. Summit will issue a check directly to your installer.