Defined term

Secured solar loan

A secured solar loan is credit used for a solar purchase that is backed by a security interest or lien in identified property under the agreement and applicable law.

Also known as collateralized solar loan

economics · Concept code GS-CONCEPT-083 · Last verified August 20, 2026

Definition and boundaries

Definition

A secured solar loan is credit used for a solar purchase that is backed by a security interest or lien in identified property under the agreement and applicable law.

Applicable jurisdiction: US; contract and state-law treatment vary

Definition claim verification: Verified August 20, 2026

In plain language

Use Secured solar loan only after the cash-flow perspective, timing, contract structure, included costs, and omitted items are made explicit.

What it is not

It is not defined by a low interest rate, and the word solar does not establish what property secures the obligation.

Decision context

Why it matters

Identify the collateral, filing, priority, remedies, transfer, insurance, release, default, and whether real property or only system equipment is involved.

Applicable jurisdiction: US; contract and state-law treatment vary

Decision-context claim verification: Verified August 20, 2026

Information boundary

This page provides general educational context, not a site design, production guarantee, utility determination, contract interpretation, legal opinion, tax conclusion, or individualized financial advice. Verify property, equipment, utility, jurisdiction, program, and agreement details before acting.

Concept relationships

Affects

  • Solar loanPublished conceptSecured solar loan can affect how Solar loan is evaluated

Primary sources

What to do next

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