home loans

Photovoltaic (PV) Loans

Affordable solar loans for a brigher future.

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Stress-free terms

Pay no interest or make any payments for the first 18 months.²

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Reduce your energy bills

Solar panels are a smart way to save money and let Hawaii's year-round sunshine do the work for you.

Easy application

Bring your solar contractor’s final purchase estimate to any branch.

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Participating contractors

Ready to go green? Choose from one of our participating solar contractors

A photovoltaic (PV) loan¹ can help you finance your solar panel installation.

Hawaii’s high electricity rates make harnessing our abundant sunshine a no-brainer. Solar panels are an affordable and smart investment for many Hawaii homeowners.

No interest for 18 months, then low fixed rates​

Enjoy 0% interest and zero monthly payments for the first 18 months. After that, get a rate as low as 7.70% APR² for the next 78 months. Over the full 8-year term, your APR could be as low as 5.165%.

Disclosures
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1. The PV Loan program is available only for PV systems installed by participating contractors. The maximum loan amount is $75,000 and is subject to approval. A contractor’s participation in the Hawaii State FCU PV loan program does not imply endorsement of the contractor by Hawaii State FCU. The PV Loan program is not applicable for refinancing of existing loans for PV systems, is subject to change, and may end at any time. Membership in Hawaii State Federal Credit Union is required. No prepayment penalty. Rates are subject to change at any time without prior notice. Must be a Hawaii resident.
2. The Photo Voltaic (PV) Loan program features a 0% interest rate and no payments for the first 18 months, followed by an interest rate of 7.70%, 8.10%, or 8.70% for the remaining 78 months, based on your creditworthiness. The APR over the full 96-month loan term is 5.165%, 5.427%, or 5.817%, respectively. Interest rates include a 0.25% discount for establishing autopay from a Hawaii State FCU checking account at the time of loan origination. Without this discount, the interest rate will be 0.25% higher and the APRs will be 0.163% higher. Rates are subject to change without notice.
Rates effective 09/01/2025
A loan of $30,000 with a 7.70% interest rate will have: 78 payments of $490.07 . A loan of $30,000 with an 8.10% interest rate will have: 78 payments of $495.98 . A loan of $30,000 with an 8.70% interest rate will have: 78 payments of $504.92. Payments begin on the 19th month and continue until the 96th month.
These are estimates only. Speak to a Hawaii State FCU loan representative at any branch for more information, or call (808) 587-2700.

Photovoltaic (PV) Loan

PV Loan Program¹

heDDER heDDER heDDER
Interest Rate² Months 0–18 Interest Rate² Months 19–96 APR
0.00% 7.70% 5.165%
0.00% 8.10% 5.427%
0.00% 8.70% 5.817%
Disclosures
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1. The PV Loan program is available only for PV systems installed by participating contractors. The maximum loan amount is $75,000 and is subject to approval. A contractor’s participation in the Hawaii State FCU PV loan program does not imply endorsement of the contractor by Hawaii State FCU. The PV Loan program is not applicable for refinancing of existing loans for PV systems, is subject to change, and may end at any time. Membership in Hawaii State Federal Credit Union is required. No prepayment penalty. Rates are subject to change at any time without prior notice. Must be a Hawaii resident.
2. The Photo Voltaic (PV) Loan program features a 0% interest rate and no payments for the first 18 months, followed by an interest rate of 7.70%, 8.10%, or 8.70% for the remaining 78 months, based on your creditworthiness. The APR over the full 96-month loan term is 5.165%, 5.427%, or 5.817%, respectively. Interest rates include a 0.25% discount for establishing autopay from a Hawaii State FCU checking account at the time of loan origination. Without this discount, the interest rate will be 0.25% higher and the APRs will be 0.163% higher. Rates are subject to change without notice.
Rates effective 09/01/2025
A loan of $30,000 with a 7.70% interest rate will have: 78 payments of $490.07 . A loan of $30,000 with an 8.10% interest rate will have: 78 payments of $495.98 . A loan of $30,000 with an 8.70% interest rate will have: 78 payments of $504.92. Payments begin on the 19th month and continue until the 96th month.
These are estimates only. Speak to a Hawaii State FCU loan representative at any branch for more information, or call (808) 587-2700.

Participating solar contractors

Work with a participating contractor to maximize your energy savings while keeping more money in your pocket.

Ready to apply for your PV loan?

Apply online

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