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Solar Financing

Financing for all Your Solar Needs!

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Ready to make the switch to green energy?

Interested in the potential of adding solar energy to your residential or commercial properties but not sure how you can afford it? No problem!

What if we told you that ATB Financial is offering Kite Electric clients an amazing opportunity at incredible rates to finance the purchase and installation of solar panels?

Homeowners, businesses and non-profits, and agricultural properties rejoice! You too can finance your solar panels and installation!

Excited and ready to apply? Contact Kite Electric today for a free site assessment

ATB Financial is offering excellent rates for:

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Residential
  • Unsecured Linked Line of Credit as low as  Prime + 2.00%, or

  • Unsecured Variable Rate Time Plan Personal Loan with amortizations of 5, 10, or 15 years as low as Prime + 2.00% (5 year variable rate terms only) (3*)

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Commercial & Non-Profit

The Energy Efficiency Alberta commercial solar rebates are based on the size of the installation and calculated at  $0.75 per watt. Businesses and non-profit organizations are eligible for rebates up to 25 per cent of system costs, to a maximum rebate of $500,000.(1*)

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Agricultural

Is your business agricultural? ATB can customize financing to suit your needs with:

  • Loans up to $100,000

  • Amortization periods up to 15 years

  • Loan value up to 80%

  • Rate of Prime + 1.00% for solar purchase and installation contracts greater than $25,0003

  • Rate of Prime + 2.00% for solar purchase and  installation contracts less than $25,0003

  • Fixed rates also available. (5*)

1 – ATB does not administer the Energy Efficiency Alberta residential and commercial solar rebate program. The solar vendor partner and customer will follow the process set out by the Alberta provincial government to  secure the solar program rebate. For full details, please refer to: https://www.efficiencyalberta.ca/solar/ 2 – Some conditions apply. On approved credit. Maximum financing limits may apply. Variable interest rates are annual  interest rates, calculated daily and are based on ATB’s Prime Rate which can change at any time without notice. To view ATB’s prime lending rate, visit https://www.atb.com/rates/Pages/prime-rate.aspx 3 – The annual  percentage rate (APR) is the same as the annual interest rate (Prime + 1.00% or Prime + 2.00%, as applicable). The APR is based on a loan of $10,000 with monthly payments, a 5 year term and 5 year amortization. There are  no cost of borrowing charges. 4 – To qualify for agricultural financing, 51% of customer’s income must be derived from farming operations. 5 – Fixed interest rates are annual interest rates, calculated semi-annually, not in  advance. 6 – Some conditions apply. On approved credit. Maximum financing limits may apply.  If you want to calculate your loan payments, check out our loan payment calculator http://www.atb.com/personal-banking/tools-and-resources/Pages/loan-calculators.aspx Calculation results are approximations and for  information purposes only

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