San Diego, CA (PRWEB) February 23, 2013
Sullivan Solar Power, one of the California’s largest renewable energy providers, today announced its partnership with aleo solar to provide low interest loans for residential solar power systems in Southern California. As opposed to a solar lease, what has become a typical financing method offered in the market, homeowners now have the opportunity to own their solar power system with a modest 12-year loan at a low 2.99% interest rate.
“Sullivan Solar Power offers every type of financing available from loans to leases, and we find the aleo solar loan is the most cost effective for Californians," said Daniel Sullivan, founder and president of Sullivan Solar Power.
For the average Southern California homeowner, the new financing option translates into a low monthly payment with no down payment required. The aleo solar loan has a total project cost that is less than half the amount of a typical solar lease, according to Sullivan.
To qualify for the new loan, homeowner applicants must have a credit score of 640 or above and be serviced by Southern California Edison or San Diego Gas & Electric. Equity in the home is not required for approval.
“We are proud to introduce this new solar loan product with aleo solar, and offer the best options available to property owners,” said Sullivan “This financing is a game changer for Southern California residents who want to go solar.”
For additional details on the newest solar industry financing, homeowners may call1-800-SULLIVAN.
About Sullivan Solar Power
Sullivan Solar Power is a turnkey solar system provider that delivers solar electric projects from concept to completion. The company has installed over 14,000,000 watts of solar power ranging from small-scale residential to large-scale commercial and municipal systems. Sullivan Solar Power is headquartered in San Diego, CA and owned and operated by Dan Sullivan. Sullivan Solar Power has a longstanding A-plus rating with the Better Business Bureau, with no complaints filed since the business began. The firm has been named one of the fastest growing energy companies in the nation by Inc. Magazine for three consecutive years and services all of Southern California. Regardless of project size and scope, Sullivan is committed to delivering the best products and the most qualified professionals to its customers. Visit http://www.sullivansolarpower.com for more information.
About aleo solar
aleo solar, part of the Bosch Group, produces and distributes premium solar modules and systems for the international photovoltaic market. Since 2009, the Bosch Group has owned a majority of the company (DE000A0JM634), which was originally founded in 2001 and has been listed on the stock exchange since 2006. The premium manufacturer currently has 903 employees and is represented in the key photovoltaic markets all over the world. The aleo solar group has an annual production capacity of 280 megawatts at its plant in Prenzlau, Germany. The company generated revenue of € 279.9 million ($ 363.9 million) in 2012.