Switching to solar power is a wise move for both your wallet and the planet. But for many homeowners in Alameda, Contra Costa, and San Joaquin County, the upfront price tag of solar panels can feel like a roadblock. That’s where smart solar financing comes in—allowing you to install your system today and pay over time with affordable options that suit your budget.
At Building Better Construction, we help you unlock the benefits of solar energy without the financial stress. Whether you’re planning to install solar panels alone or in combination with roofing, HVAC, electrical, or ADU remodeling, we offer comprehensive services with tailored financing solutions.
Why Solar Financing Is a Game-Changer
A residential solar system typically costs between $15,000 to $30,000 depending on your location, roof size, and energy goals. While this investment pays off long-term through reduced utility bills and tax incentives, few homeowners want to pay such a large amount upfront.
Benefits of choosing solar financing:
- Avoid depleting savings or emergency funds
- Break up costs into low monthly payments
- Access clean energy without delay
- Leverage federal and state incentives (like the 30% Federal Solar Tax Credit)
- Boost your home’s value and appeal
And when you work with Building Better Construction, you can also finance related upgrades like HVAC replacements, roof repairs, or electrical work, making your home energy-efficient across the board.
Top Solar Financing Programs Available in California
1. FHA Streamline 203K Loan – Best for Smaller Solar Projects
This government-backed loan allows up to $35,000 in funding for light renovation work, making it ideal for:
- Basic solar panel installation
- Roof repair or replacement
- Upgrades to electrical or HVAC systems
- Weatherproofing or improving energy efficiency
If you’re in Oakland, Antioch, or Tracy, this financing can cover your solar install along with minor home upgrades, all through one streamlined loan.
2. FHA Full 203K Loan – For Major Renovations with Solar
Need a full home upgrade with solar included? The Full 203K loan supports structural repairs and large-scale improvements—perfect for:
- Adding solar-ready ADUs or extensions
- Fixing foundation issues
- Extensive roof or window replacement
- Combining multiple upgrades into one loan
As a full-service general contractor, Building Better Construction manages your solar install plus any construction work, ensuring your renovation stays on track from start to finish.
3. Fannie Mae HomeStyle Renovation Loan – Flexible & Conventional
Want to finance solar without an FHA loan? The Fannie Mae HomeStyle Renovation Loan might be right for you. Use this for:
- Installing solar on investment or second properties
- Creating outdoor spaces powered by solar (e.g., kitchens, pools, patios)
- Building freestanding structures like garages or ADUs
Unlike FHA, HomeStyle loans are not restricted by location or property type, making them ideal for homeowners throughout Alameda County and Contra Costa County.
Need Low Upfront Costs? Try the Fannie Mae HomeReady Loan
If cash flow is tight, the HomeReady loan might be the answer. With as little as 3% down, this loan lets you:
- Use income from other household members to qualify
- Tap into gift funds, grants, or local programs for your down payment
- Enjoy flexible credit requirements
HomeReady is an excellent option for first-time homebuyers or homeowners with modest incomes who want to go solar in San Joaquin County or beyond.
Overcome Credit Challenges with FHA’s “Back to Work” Program
Life happens—and if you’ve faced financial hardship like bankruptcy, foreclosure, or job loss, the FHA Back to Work program helps you get back on track faster. After just one year, you could qualify for a solar loan, compared to the usual 2–3 year waiting period.
With guidance from Building Better Construction, you can rebuild your home and finances by investing in long-term energy savings through solar.
Why Homeowners Choose Building Better Construction
When you partner with Building Better Construction, you get more than a solar installer—you get a licensed contractor who can handle your entire home project from start to finish.
What makes us different:
- Full-service contractor for roofing, HVAC, kitchens, bathrooms, ADUs, and more
- Deep knowledge of local solar financing options
- Strong partnerships with lenders like FAD MM for streamlined approvals
- Local expertise in Alameda, Contra Costa, and San Joaquin County
- Transparent pricing, expert installation, and personal support
From electrical upgrades to foundation repairs, we make sure your solar journey is smooth, affordable, and tailored to your home’s needs.
Conclusion: Go Solar Smarter, Not Harder
Solar doesn’t have to be out of reach. With smart solar financing solutions, government-backed programs, and expert support from Building Better Construction, you can start saving energy and money right away.
Whether you’re renovating your home, upgrading your electrical system, or adding an ADU—let us help you power your future with sustainable solutions.
- Call us today at (510) 240-9802
- Email: info@buildingbetterconstruction.com
- Serving Alameda, Contra Costa, and San Joaquin County