Smart solar financing for Wyoming homeowners.
Wyoming has plenty of sunshine. Why not put it to work for you?
Whether you're ready to install rooftop solar panels or add battery storage to your home, WyHy can help you take the next step toward greater energy independence.
With affordable, fixed-rate financing, flexible repayment options, and no hidden solar dealer fees, you can invest in your home's energy future with confidence.
Applying involves a hard credit inquiry, which may affect your credit score. All loans are subject to credit approval.
Big possibilities. Straightforward financing.
Making the switch to solar is a big investment. WyHy makes financing it a little easier.
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Borrow $10,000 to $100,000: Finance qualifying residential solar panel and battery storage projects.
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Flexible Repayment Terms: Choose from 5, 7, 10, 12, 15, or 20 years with a fixed interest rate.
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No Solar Dealer Fees: No hidden dealer markups added to your project price through WyHy financing.
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$0 Down Options: Qualified borrowers can finance up to 100% of their approved project costs.
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No Prepayment Penalties: Pay extra or pay off your loan early without a penalty.
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Apply Before Choosing a Contractor: Know your financing options before committing to an installation.
Required UCC and fixture filing costs may apply, along with other disclosed payment or servicing fees.
Solar Financing That Shines
Take Control of Energy Costs
Generating your own electricity can help reduce your dependence on utility providers and potentially lower your monthly energy expenses.
Invest in Your Home
Solar panels are a long-term improvement that may add value and appeal to your property.
Enjoy Greater Energy Independence
Produce your own electricity and, with qualifying battery storage, save energy for later use. Properly configured battery systems may also provide backup power during outages.
Make a Positive Impact
Solar energy helps reduce reliance on traditional energy sources, giving you a way to make a difference right from your own rooftop.
From Application to Installation
Four simple steps to a brighter future
1. Apply Online
Start with a secure online application through our lending partner, loanTERRA. You can apply before selecting a solar contractor or finalizing your system design.
2. Explore Your Options
Most complete applications receive a credit decision in less than one business day. Once approved, you'll know your financing options and can plan your project with confidence.
3. Choose Your Contractor
Work with a participating solar installer to design your system and finalize your project. Already have a contractor in mind? They may be able to join loanTERRA's approved installer network.
4. Get Ready to Power Up
After your project receives formal approval to install, your contractor can begin work. Once installation is complete, final documentation is reviewed and you authorize payment before funds are released.
Wyoming sunshine. WyHy financing.
From wide-open skies to sunny days, Wyoming has plenty of natural energy to offer. With a WyHy Solar Loan, you can put that sunshine to work for your home and your future.
Explore your options, plan your project, and take the next step toward a more energy-efficient home.
We're WyHy. We're Wyoming. We're with you.
Solar Loan FAQs
A little more information. A lot more confidence.
How much can I borrow with a WyHy Solar Loan?
Qualified homeowners can apply for $10,000 to $100,000 in financing for eligible solar projects. Choose from fixed-rate repayment terms of 5, 7, 10, 12, 15, or 20 years. Your rate and approved loan amount depend on your credit qualifications and other lending requirements.
What can I finance with a Solar Loan?
WyHy Solar Loans can help finance qualifying residential rooftop solar panels and solar-plus-battery storage systems. Certain related improvements may also qualify with prior approval.
Are there any down payments or hidden fees?
Qualified borrowers can finance up to 100% of their approved project costs with no down payment. WyHy doesn't charge solar dealer fees or loan origination fees, and there are no prepayment penalties. Required equipment filing costs and other disclosed servicing fees may apply.
Can I apply before choosing a solar contractor?
Absolutely! You can apply before selecting an installer or signing a project agreement. This allows you to understand your financing options before committing to a project. Your contractor must be approved through loanTERRA before installation can move forward.
How quickly will I receive a credit decision?
Most complete applications receive a credit decision in less than one business day. Applications requiring additional review may take longer. Once approved, your credit approval is valid for 90 days.
Do I need to be a WyHy member to apply?
No! Eligible nonmembers are welcome to apply. You'll simply need to establish your WyHy membership before loan funds are disbursed. The program is available for qualifying primary residences and second homes, subject to eligibility requirements.
Will applying affect my credit score?
Yes. Submitting a Solar Loan application involves a hard credit inquiry, which may affect your credit score. WyHy considers your overall financial picture, including credit history, income, existing obligations, and ability to repay.
Will solar panels eliminate my electric bill?
Not necessarily. Solar panels can help reduce your electricity costs, but actual savings depend on your energy usage, system size, local utility rates, and weather conditions. We recommend reviewing your contractor's energy estimates and comparing potential savings with your monthly loan payment.
Are solar tax credits or incentives available?
The federal Residential Clean Energy Credit is no longer available for new installations placed in service after December 31, 2025. However, certain utility, local, or manufacturer incentives may still be available. Check current eligibility requirements and consult a qualified tax professional before making your decision.
Review official IRS guidance on the Residential Clean Energy Credit
What happens if I sell or refinance my home?
WyHy Solar Loans include filings against the financed solar equipment that may affect a home sale or mortgage refinance. If you sell your home, the loan generally must be paid off at closing because it cannot be transferred to the new owner. If you're refinancing, contact your loan servicer in advance to discuss the required steps.
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WyHy Federal Credit Union is the lender. loanTERRA provides online application, underwriting support, and project review services on WyHy's behalf. All loans are subject to credit approval, eligibility requirements, and applicable terms. Fixed interest rates vary by credit qualifications and loan term. Required equipment-related UCC and fixture filings apply and may affect a property sale or refinance. Energy savings are not guaranteed. Participating contractors are independent businesses responsible for installation, pricing, and workmanship. Additional terms and conditions apply.