QuickSolar is proud to introduce our new solar loan modeling feature! Create your own customized loan profile in seconds, while viewing (in real-time) how your values affect your customer's energy payments in a 25+ year table.
Once you've created your beautiful solar design, you're able to change the financing options for your customer. Input the simple terms of the loan, like your overall principal payment, your interest rate, the length of the term, and your down payment. As you enter your values, you can show your potential client their Annual Loan Table simultaneously change, and see their cumulative savings increase.
Drill down into the loan payments with options like deferred principal payments, Same as Cash months, annual O&M fees, and assigning payments as tax deductible.
Adjusting the amortization of your federal tax credits is also an option, and putting a cap on your customer's annual federal liability gives you more control over how those tax credits are distributed year to year.
If you live in a state where local incentives can assigned to the installer, you're able to do that as well, with additional measures to cap your annual intake.
When you create your proposal, we've added a new financial analysis page that breaks down your customer's loan terms in a simple & elegant way, that's easy for them to understand.
This is part of our new QuickSolar v2.3 release. To build your own loans, click here and select a free "Pro" account to get started.