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Archive for October 6th, 2009

Energy Efficient Mortgage, the best solar loan around

October 6, 2009 Author: LR Andres

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An effort to promote the use of solar energy as a power source.

Although competition is driving prices down, solar panel systems can require you departing with a chunk of change. Fortunately, the mortgage industry wants to talk to you about a solar loan.

If you are considering improving your home with a solar panel system or the hot new thin solar roofing systems, you need to learn three little letters – E…E…M. EEM stands for energy efficient mortgage, the best solar loan around. It also stands for avoiding out of pocket costs to improve your home with a solar.

Energy efficient mortgages came to be because of a nudge from the government to lenders in an effort to promote the use of solar energy as a power source. Put another way, the government told lenders to do it and do it now.

Considering the current economic climate and how that has affected many of us in our house hold expense budgets, this comes as welcome news. I might suggest though that once you have a plan in place, complete with details and drawings to show the bank what you need the money for, then build your own solar panels and save even more. The home solar kit I suggest would layout the plans for you and help put together a plan you could take to the bank for the loan. It will also show you where to buy the materials, assemble them and install them all yourself! The instructions are layout so simply, that a complete novice can understand, follow the instructions and install it over a weekend. Get in on the action, this IS the future of energy, click the link above and find out more on how to make solar panels.