Energy Support

Solar Loan Financing Process

As a Tesla customer, you may finance your solar energy purchase with a loan. After you successfully complete a credit check, are approved for a loan and sign the Tesla Home Improvement Agreement, we work with the lender to ensure all loan requirements are addressed prior to installation.


  • Step 1: Select your loan term from within your Tesla Account, after which you will be prompted to fill out and submit a credit application.
  • Step 2: After credit is approved by the lender, a link to the lender’s loan agreement will be emailed to you.

    Note: The lender may approve less than the total cost of the contract. The maximum amount the lender will finance will be communicated to you at the time of approval by the lender. Any remaining balance will be due from you directly to Tesla in the form of an initial cash payment collected when installation commences.
  • Step 3: The lender may issue stipulation(s) requiring you to provide supplemental documentation directly to the lender, like proof of income or personal identification.
  • Step 4: Once the lender has reviewed your Tesla Home Improvement Agreement and all stipulations are resolved, the lender will approve the loan and Tesla will schedule installation with you.

    Note: If an initial payment is due from you, we will invoice you when installation commences.
  • Step 5: After installation is complete, we will notify the lender, triggering the lender to originate the loan (disbursing funds to Tesla).  

Other Details

  • The lender will communicate all financing information such as stipulations, loan documentation requirements, etc. directly to you via email.
  • If you have questions regarding your loan or loan billing, you may reference your lender’s loan agreement or contact your lender directly.
  • Co-borrowers are not supported at this time.
  • Credit approval expires 180 days from approval. After credit expiration, you must complete another credit check and re-sign your lender’s loan agreement.
  • Loans cannot be modified once they have been originated.
  • Solar panels and Powerwall assume that you will make an additional payment by month 18 equal to the estimated value of the system’s Federal Tax Credit. While these payments assumed in the structure of the loan are voluntary, your monthly payments may adjust after month 18 if a different amount or no additional payment is paid by month 18. See your loan agreement for the contracted payment schedule.
  • The lender will file a UCC-1 on the energy system to secure their interest in the equipment during the life of the loan.