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CU System
San Antonio CU offers solar home-improvement loan
SAN ANTONIO (9/9/10)--San Antonio CU (SACU) announced a solar home improvement loan program Tuesday that is available for homes located in San Antonio, Texas, and Houston, making solar energy affordable for homeowners.
Click to view larger image Kicking off the Bring Solar Home initiative in San Antonio are, from left, Chris Eugster, CPS Energy; Aurora Geis, senior credit officer for San Antonio CU (SACU), and Chuck Smith, SACU director of lending; Commissioner Tommy Adkisson, Bexar County; Bill Sinkin, Solar San Antonio; Mayor Julian Castro, City of San Antonio; and Lanny Sinkin, Solar, San Antonio. (Photo provided by San Antonio CU)
The program provides financing to those individuals who value energy alternatives and access to solar home improvements that will reduce their monthly utility bill. SACU and community partners also kicked off Bring Solar Home, an initiative of Solar San Antonio, designed to encourage local solar commitments and educate the community on the benefits of solar energy. The goal of the Bring Solar Home campaign is to make installing solar systems easier for residents. For years, the barrier for most homeowners to installing solar energy has been a large up-front cost. SACU said it can help those who have been waiting for the right time to transition to energy efficiency. Because of a significant price drop in the cost of installing solar systems, plus CPS Energy rebates for San Antonio properties and a federal tax credit, installing a residential solar system is an easy and cost effective option for homeowners on both primary residences and residential investment properties, SACU said. “SACU is proud to provide this innovative solar home improvement product that promotes alternative energy use and lower energy costs,” said Chuck Smith, SACU director of lending. Based in San Antonio, Texas, SACU has $2.8 billion in assets.


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