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Solar Energy Loans

Our Solar Energy Loan gives you the green you are looking for!

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Harness the Power of the Sun

You don’t have to live in California or Florida to get the benefits from solar energy. Homeowners all over Michigan are lowering their utility bills by installing solar panels. A great loan for solar energy updates is available through the Michigan Saves Loan program.

We also have a partnership with Enium Solar Group, so if you have already worked with a contractor under Enium, please scroll down to their contact information below. Click here to jump to that section.

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What is a Solar Energy Loan?

A Solar Energy Loan allows you to work with Michigan Saves authorized contractors to assess your options for solar energy and can provide installation of a solar energy system.

 

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Genisys Credit Union is a select lender for the Michigan Saves program. This home energy improvement program is different than a home equity loan. A Michigan Saves authorized contractor* will walk you through the process of applying for the Michigan Saves solar energy loan. Lower your utility bills by installing solar panels.

  • Low fixed rates
  • Borrow up to $40,0001
  • Loan terms up to 180 months1

Knowledge Center

How Does the Process Work?

1

Find an Authorized Contractor

Find your Michigan Saves contractor* to get an estimate on qualifying home energy improvements.

Find a Contractor

2

Complete a Home Analysis

Participating contractors will complete an analysis of your home to determine its energy efficiency and the areas that you may be able to be more energy efficient.

3

Obtain your Energy Efficiency Loan

Be sure to mention that you are a Genisys Credit Union member, the contractor can help you obtain a low interest Michigan Saves Loan through Genisys Credit Union. Once the loan is approved, your contractor can get right to work.

 

Lower your utility bills with a solar energy system and take advantage of the many benefits:

  • Tax benefits such as federal tax credits are available. Get the details from Energy.gov.
  • Solar panels may increase a home’s resale value
  • Low maintenance required for the panels
  • Fixed rate with an affordable payment with Genisys Credit Union

Learn more at MichiganSaves.org

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Solar Energy FAQs

 

More Questions?

Michigan Saves
If you have any questions in regards to the program, please call an External Lending Representative at 248-322-9800, ext. 1190 or visit the Michigan Saves website at www.michigansaves.org.

Enium
If your loan is through a contractor working with Enium Solar Group, please use the contact information below.

Originator Contact Info:

info@enium.com

To make a payment, or for questions on due dates, payoff statements or other account inquiries:
Launch Servicing

PO BOX 845073 Dallas TX 75284

877-354-2629
borrower.enium.com
borrower@enium.com

*Note: Genisys Credit Union and Michigan Saves does not endorse any particular contractor. While the contractors in the contractor directory have met certain requirements for participation, you will be entering into a direct relationship with the contractor of your choice and it is important that you review their credentials, qualifications, and references to make an informed decision.
1Available for qualified borrowers.
2Tax credit is for eligible consumers. Consult your tax preparer to see if you would qualify for the tax credit.

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