Solar Loans and Green Financial Vehicles
The Addison Avenue Federal Credit Union, named for the street where the HP Garage was built, previously known simply as the Hewlett Packard Credit Union, has begun offering specially tailored loans for customers who want to invest in solar panels. Considering that the Addison Avenue FCU headquarters is located in Palo Alto, at the heart of Silicon Valley at Hewlett Packard headquarterswhere clean technology is booming, this is a welcomed and fitting program.
The New Solar Loan is advertised as "a special, low-interest loan for installing residential solar systems. Not only will (installing solar panels) increase your home's value and decrease your utility bills, you'll be preserving the environment." A whole new section of the Addison Avenue website has been dedicated to these new green products which can be viewed here.
I personally have been a member of Addison Avenue, and the HPCU, for over 10 years. It wasn't until recently however, when they changed their name and became independent from HP that non-HP applicants could even join the Credit Union. Considering the spectacular online banking tools they have developed, the responsible investment guidance I've been given, and the new solar loan and other green financial vehicles currently being developed and marketed. I would urge anyone interested in trying a new bank to learn more by calling in toll free at 1-877-233-4766 or visiting the website at https://addisonavenue.com/
It's worth noting that they are also running a special promotion right now where people who sign up for a solar loan are entered to win a Solio portable solar charger which we reviewed last year at Mac World here.
Solar Resources
Rebate Programs