Lowtility helps solar reps:
1. Close more transactions (FICO scores down to 560).
2. Keep more revenue (no dealer fees).
3. Generate more business (work with home buyers and Real estate agents, save your customers more money & win those 50/50 deals).

Refer A Customer

Why use Lowtility?

1. No Dealer fees.
2. Include more than just solar: Insulation, windows, doors, furnace, Energy Star appliances, smart home bundle, Batteries, and anything else that is
energy efficient.
3. Simplify with only one lien and one payment on your property (solar financing options put 2nd and 3rd liens on the house making them harder to sell).
4. Additional tax benefits (for the majority of us, 2nd mortgages or industry financing can't be tax deducted).
5. Your customers can do what you want with the federal or state tax credits (i.e. pay off other debt or saving more).
6. For some, additional payment savings include: Reduced mortgage rate, elimination of mortgage insurance, and paid off debt.
Refer A Customer

Refinance Case Study: 1

Find out why Lowtility makes more financial sense below.

Lowtility Refinance

Traditional Refinance

Solar

$350k
$350k + 20k (solar)

Sale Price

$17,500
$17,500

5% Down Payment

4.25% (4.482 apr)
3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636
$1,657

Mortgage (PI) Payment

$195
$249

Mortgage Insurance

$200
$25

Power Bill

$2,031
$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0
$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

Refinance Case Study: 2

Find out why Lowtility makes more financial sense below.

Lowtility Refinance

Traditional Refinance

Solar

$350k
$350k + 20k (solar)

Sale Price

$17,500
$17,500

5% Down Payment

4.25% (4.482 apr)
3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636
$1,657

Mortgage (PI) Payment

$195
$249

Mortgage Insurance

$200
$25

Power Bill

$2,031
$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0
$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

Refinance Case Study: 3

Find out why Lowtility makes more financial sense below.

Lowtility Refinance

Traditional Refinance

Solar

$350k
$350k + 20k (solar)

Sale Price

$17,500
$17,500

5% Down Payment

4.25% (4.482 apr)
3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636
$1,657

Mortgage (PI) Payment

$195
$249

Mortgage Insurance

$200
$25

Power Bill

$2,031
$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0
$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

How the process works:

1. We collect some info from the customer (online, app, or they can speak with
us directly).
2. We collect a little info from you (cost of project, current power bill, power bill  after improvements).
3. We prepare a couple financing options for the customer and review them with the customer.
4. They pick the plan & we take care of all the traditional mortgage needs (appraisal, title etc).
5. They close and fund on their Lowtility loan & we pay off any applicable creditors, and pay the solar company 50% of the bid amount.  
6. solar is installed, we get notified, and we send our appraiser out to confirm.
7. the remaining 50% of funds are sent to the solar company (you don't have to be debt collectors because checks are cut to the solar company).
8. Your customer enjoys the savings, tax benefits, and the tax credits (from the time we pay off your existing mortgage to the time where your new mortgage payment is due, for many, there is a month where a payment is not needed).
Refer A Customer

How is Lowtility different than my bank? We specialize in energy efficient improvements. Most banks only allow a max of 80% LTV (size of the loan compared to the value of the home) for your loan. At Lowtility we can go well above 80% LTV to make your home more energy efficient.

Current consumer options to pay for Solar

Download Our App

A secure customer application portal where you can send us info and run payments.

Download Lowtility App

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