Refinance Your Clean Energy Loan

Lower Your Payments and Save Even More

Unlock a brighter future with Clean Energy Credit Union’s Loan Refinance products—one of the first and only solar refinancing options on the market! Designed to help you harness the power of clean energy while saving more on your monthly payments. Our refinance option lets you take advantage of lower rates, helping make clean energy more affordable.

Why Refinance?

Competitive Rates

We offer some of the lowest rates available for clean energy projects. Refinancing with us could lower your interest rate, saving you money every month and over the life of your loan.

Flexible Terms

Whether your goal is to reduce your monthly payment or to pay off your loan faster, we offer a variety of refinancing options that can be tailored to your specific needs.

No Hidden Fees

Transparency is at the core of our mission. We offer straightforward refinancing with no hidden costs or surprises, so you know exactly what to expect.

Simple Refinance Process

We’ve made refinancing easy. Our streamlined application process means you can quickly take advantage of lower rates and better terms without the hassle.

Transition One-Time Payment to Monthly Installments

Refinancing your short-term balloon loan transforms a large payment into monthly installments.

Qualifications

We offer a variety of refinance products to fit your needs, please see the qualifications below.

Your existing loan must:

Be an existing Clean Energy Credit Union Solar PV, Geothermal or
Green Home improvement loan
Have minimum balance of $10,000
Have 6 consecutive on time loan payments preceding refinance

Your refinanced loan must:

Include the original borrowers on the loan
Retain the same maturity date

Include the original borrowers on the loan
Be a member in good standing
- Consistent on-time payments with your Clean Energy CU long-term loan
- Positive balance on your deposit accounts
Cannot exceed the maturity date of your long-term loan
Meet credit qualifications

Have existing vehicle loan with
Include the original borrowers on the loan
Be a member in good standing
- Consistent on-time payments with your Clean Energy CU long-term loan
- Positive balance on your deposit accounts
Cannot exceed the maturity date of your long-term loan
Meet credit qualifications

If you’re refinancing a vehicle that is currently through another FI, please apply through our website. See rate sheet for details.

Today’s Rates

Solar PV System Loans
Loan Type	Min/Max Loan Amount	Term	APR as low as
¹ The combined amounts of a short-term and long-term loan cannot exceed 100% of the project cost. The short-term loan amount is typically 30% of the project cost, and the long-term loan amount is typically for the remaining balance (70% ). In certain instances, the member may choose to go above 30% for the short-term loan or 70% for long-term loans. ² Rate shown assumes that the short-term loan balloon payment is fully repaid at maturity; if not, the interest rate is 17.99%. ³ Clean Energy Credit Union’s solar contractor partners may offer lower rates with modified terms. ⁴ Rates shown include a 2.00% discount for automatic loan payments. ⁵ Rates shown are the lowest possible rates for qualified buyers. Rates may change dependent on credit qualifications, underwriting factors, and loan characteristics. ⁶ Loan proceeds must be used for new equipment. ⁷ Residences in certain counties and states may be eligible for a 0.50% rate discount, learn more. ⁸ Re-finance options available, fees apply. See “loan fees” tab for associated fees.
Loan Type Short-Term Solar Electric System Loan (i.e. Solar Tax Credit Loan)	Min/Max Loan Amount $3,000 to $125,000 Typically 30% Loan-to-Value¹	Term 12 or 18 months	APR as low as 7.50% ^{2 3 4 5 6 7}
Loan Type Single or Long-Term Solar Electric System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value¹	Term 12 years	APR as low as 7.50% ^{3 4 5 6 7 8}
Loan Type Single or Long-Term Solar Electric System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value¹	Term 15 years	APR as low as 8.00% ^{3 4 5 6 7 8}
Loan Type Single or Long-Term Solar Electric System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value1	Term 20 years	APR as low as 8.25% ^{3 4 5 6 7 8}

Geothermal System/Ground-Source Heat Pump Loans
Loan Type	Min/Max Loan Amount	Term	APR as low as
¹ The combined amounts of a short-term and long-term loan cannot exceed 100% of the project cost. The short-term loan amount is typically 30% of the project cost, and the long-term loan amount is typically for the remaining balance (70% ). In certain instances, the member may choose to go above 30% for the short-term loan or 70% for long-term loans. ² Rate shown assumes that the short-term loan balloon payment is fully repaid at maturity; if not, the interest rate is 17.99%. ³ Clean Energy Credit Union’s solar contractor partners may offer lower rates with modified terms. ⁴ Rates shown include a 2.00% discount for automatic loan payments. ⁵ Rates shown are the lowest possible rates for qualified buyers. Rates may change dependent on credit qualifications, underwriting factors, and loan characteristics. ⁶ Loan proceeds must be used for new equipment. ⁷ Residences in certain counties and states may be eligible for a 0.50% rate discount, learn more. ⁸ Re-finance options available, fees apply. See “loan fees” tab for associated fees.
Loan Type Short-Term Geothermal System Loan (i.e. Geothermal Tax Credit Loan)	Min/Max Loan Amount $3,000 to $125,000 Typically 30% Loan-to-Value¹	Term 12 or 18 months	APR as low as 7.50% ^{2 3 4 5 6 7 8}
Loan Type Long-Term Geothermal System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value¹	Term 12 years	APR as low as 7.50%^{3 4 5 6 7 8}
Loan Type Long-Term Geothermal System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value¹	Term 15 years	APR as low as 8.00%^{3 4 5 6 7 8}
Loan Type Long-Term Geothermal System Loan	Min/Max Loan Amount $3,000 to $125,000 Typically 70% Loan-to-Value¹	Term 20 years	APR as low as 8.25%^{3 4 5 6 7 8}

Electric Vehicle Loan Rates
Loan Type	Min/Max Loan Amount	Term	APR as low as
¹ Clean Energy Vehicles must be either all-electric or plug-in hybrid electric. ² Visit your state DMV website to view state-specific requirements and fees. If Clean Energy CU exercises its right to file for the lien- recorded title, you will be responsible for any filing fees. ³ Vehicles are considered to be used vehicle if they have 10,000 miles+ or are model year 2023 and older. Maximum age for a used vehicle is 8 years old. ⁴ Rates shown include a 2.00% discount for automatic loan payments. ⁵ Add 1.00% to rates shown for electric motorcycles, and add 0.50% for loans that exceed 100% loan-to-value. ⁶ Rates shown are lowest possible rates for qualified buyers. Rates may change dependent on credit qualifications, underwriting factors, and loan characteristics. ⁷ Residences in certain counties and states may be eligible for a 0.50% rate discount, learn more.
Loan Type New or Refinanced New Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 4 years	APR as low as 5.49%^{3 4 5 6 7}
Loan Type New or Refinanced New Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 5 years	APR as low as 5.99%^{3 4 5 6 7}
Loan Type New or Refinanced New Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 6 years	APR as low as 6.39%^{3 4 5 6 7}
Loan Type Used or Refinanced Used Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 4 years	APR as low as 5.99%^{4 5 6 7}
Loan Type Used or Refinanced Used Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 5 years	APR as low as 6.49%^{4 5 6 7}
Loan Type Used or Refinanced Used Electric Vehicle^{1 2 3}	Min/Max Loan Amount $3,000 to $125,000 up to 110% Loan-to-Value	Term 6 years	APR as low as 6.89%^{4 5 6 7}

Green Home Improvement Loans
Loan Type	Min/Max Loan Amount	Term	APR as low as
¹ Loans must be used for qualifying clean energy products and services – see list here. ² Rates shown include a 2.00% discount for automatic loan payments. ³ Rates shown are lowest possible rates for qualified buyers. Rates may change dependent on credit qualifications, underwriting factors, and loan characteristics. ⁴ Residences in certain counties and states may be eligible for a 0.50% rate discount, learn more. See “loan fees” tab for associated fees.
Loan Type Secured Green Home Improvement Loans¹	Min/Max Loan Amount $3,000 to $75,000	Term 3 years	APR as low as 5.24%^{2 3 4}
Loan Type Secured Green Home Improvement Loans¹	Min/Max Loan Amount $3,000 to $75,000	Term 5 years	APR as low as 5.74%^{2 3 4}
Loan Type Secured Green Home Improvement Loans¹	Min/Max Loan Amount $3,000 to $75,000	Term 7 years	APR as low as 5.99%^{2 3 4}
Loan Type Secured Green Home Improvement Loans¹	Min/Max Loan Amount $3,000 to $75,000	Term 10 years	APR as low as 6.49%^{2 3 4}
Loan Type Unsecured Green Home Improvement Loans¹	Min/Max Loan Amount $1,000 to $50,000	Term 3 years	APR as low as 8.24%^{2 3 4}
Loan Type Unsecured Green Home Improvement Loans¹	Min/Max Loan Amount $1,000 to $50,000	Term 5 years	APR as low as 8.74%^{2 3 4}
Loan Type Unsecured Green Home Improvement Loans¹	Min/Max Loan Amount $1,000 to $50,000	Term 7 years	APR as low as 8.99%^{2 3 4}
Loan Type Unsecured Green Home Improvement Loans¹	Min/Max Loan Amount $1,000 to $50,000	Term 10 years	APR as low as 9.49%^{2 3 4}

How it Works

Our streamlined refinance process is designed for your convenience, with our team providing a detailed analysis of the new loan to ensure you save money.

Request a Refinance

Reach out to our team via phone or email to request a loan refinance.

Benefit Analysis

Our team will send you with a “net tangible benefit analysis” of what your refinanced loan would look like based on current rates and the information you provide with fee details included.

Process Your New Loan

If you decide to move forward with the loan refinance, we will begin the process which will include pulling your credit and re-underwriting your loan.

Got Questions? We’ve Got Answers.

The fee depends on the type of loan you are refinancing:

Long-term solar or geothermal loan fee: 1% of the refinanced loan with a minimum fee of $250.
Short-term balloon loan fee: $150.
Electric Vehicle loan fee: $50

Solar PV, Geothermal, and Green Home Improvement loans that are already financed through Clean Energy Credit Union. Electric Vehicle loans financed by Clean Energy CU or other financial institutions can be refinanced.

Your loan rate will be priced based on the current rate for your remaining term whereby it is rounded up to the next available loan term offered by Clean Energy CU (for example, if a loan has 14-years remaining it will be repriced at the 15-year term).

Discounts from loan program may not carry over to refinanced loans. This will be reflected in your net tangible benefit analysis provided by our team. However, you may qualify for our Clean Energy For All loan program – learn more here.