Ready to Apply for Your Solar Loan?
Installing solar panels on your home can be an effective way to save money on your energy bills and lower your carbon footprint. Let Hawaii’s year-round sunshine do the work for you and apply for a photovoltaic loan to fund your solar panel installation.
0% interest and no payments for 24 months. After the first 24 months, enjoy an interest rate as low as 7.70%. The APR for the entire 8-year term may be as low as 4.525%.**
0% Interest and No Payments for 24 Months**
Pay no interest or make any payments for the first 24 months.
Our low loan rates make installing solar on your home possible.
Reduce Your Energy Bills
Solar panels are a smart way to save money.
Bring your solar contractor’s final purchase estimate to any branch.
Ready to Go Green? Choose from one of our participating solar contractors.*
Hawaii State FCU PV Program
Interested in adding photovoltaic panels to your home? See how you can maximize your energy savings while keeping more money in your pocket.
Interest Rate** Months 0 to 24
Interest Rate** Months 25 to 96
Photovoltaic panels have become an affordable and smart investment for many Hawaii homeowners. Learn more about how going solar can help your finances here.
Financial calculators to help you save and spend smart
Ready to apply for your PV Loan?
Start your online application
Stop by one of our branches
* 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. Participating contractors pay Hawaii State FCU a fee in connection with the PV loan. 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.
** The Photo Voltaic (PV) Loan program features 0% interest rate and no payments for the first 24 months with a subsequent interest rate of 7.70%, 8.10%, or 8.70% for the remaining 6 years based on your creditworthiness. The APR over the entire 96 month term of the loan is 4.525%, 4.753%, or 5.094%, respectively. The interest rates include a 0.25% discount for establishing auto-pay from an HSFCU checking account at the time of loan origination. The interest rate will be 0.25% higher and the APRs will be 0.143% higher without the discount. Rates are effective 3/1/2023 and are subject to change without notice.
A loan of $30,000 with a 7.70% interest rate will have: 72 payments of $521.61 and total interest paid of $7,556.18. A loan of $30,000 with an 8.10% interest rate will have: 72 payments of $527.46 and total interest paid of $7,977.35. A loan of $30,000 with an 8.70% interest rate will have: 72 payments of $536.31 and total interest paid of $8,614.33. Payments begin on the 25th 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.