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Start Saving with Solar Energy Today

Solar energy will reduce your electric bill, increase home value, reduce your carbon footprint and beat rising utility bills. A solar loan from MIT FCU has competitive rates and a quick, easy process. You’ll choose your system design and qualified installer along with your rate and term knowing all the facts.


Solar Loans
Effective Date: Sunday, July 14th, 2024
Solar Loan 84 months 9.00% $16.09


Additional Benefits

Setting up automatic loan payments automatically qualifies you to receive APR discounts**



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MIT FCU works with NRGTree to help choose the right plan for your home. Get your design and financial analysis within 24 hours, all online.

Currently available for MA and NH members only.

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Ready to apply? Once you've selected your NRG qualified vendor, you're ready to fill out your loan application. 

Currently available for MA and NH members only.

Please note: MIT FCU only works with NRG qualified and approved contractors from

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Department of Energy- Federal Tax Rebate

A federal tax rebate of 30% is available for solar panel installations throughout 2022, including the cost of panels and labor. Learn more and verify eligibility with the Department of Energy. Residential Energy Credit

Massachusetts offers a 15% (up to $1000.00) tax refund on the purchase and installation of solar panels. Learn more and verify eligibility with the Commonwealth of Massachusetts.


*APR = Annual Percentage Rate. Rate disclosed is based on a highly qualified credit candidate. Rates may vary based on individual creditworthiness. Rates are valid as of 7/14/2024 and are subject to change without notice.

**Automatic loan payments qualifies you for a 0.25% APR reduction, with the exception of the Tuition Assistance Loan. All Personal, Student, Auto, Motorcycle, Trailer, Boat, and RV loans are eligible for an ANNUAL PERCENTAGE RATE reduction of 0.25%. 
MIT FCU does not charge for the autopay service.
Discontinuing autopay will result in the loss of promotional 0.25% ANNUAL PERCENTAGE RATE reduction. Any increase in the ANNUAL PERCENTAGE RATE will result in an increase of remaining payments. For example, if Your loan was for $10,000 at 6.4% for 5 years, and the rate increased by 0.25% after 12 months, Your payment would increase by $0.95.

For the life of the loan this offer will never expire. However, the promotion may end at anytime and without notice.

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