Lease, Loan, Or Purchase?
There are a number of ways to obtain solar panels for your home. While the decision on which method is up to you, we will show you the benefits and pricing of all options available to you.
The Solar Lease
The panel maker owns the system on your roof.
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You pay a monthly amount to lease the system and use the energy you produce
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The combined lease and remaining utility bill are lower than their previous electric bill
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System production is guaranteed for 20 years. If something breaks, we'll fix it.
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When you sell your home, you can assign the lease to the new homeowner, subject to credit approval. We facilitates this process.
The Solar Loan
You own your solar system, and pay for it with a loan.
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Various loan payment terms and conditions available (including optional full prepayment without penalty).
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You can keep any solar tax credits and/or state and local incentives for which you may be eligible.*
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For many customers, the combination of the loan payment and the remaining power bill is less than their previous electric bill.
The Solar Cash Purchase
You own the system and the energy it produces.
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You purchase your solar panel system directly.
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A home equity loan can be used and may be tax-deductible.
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You can keep any solar tax credits and/or state and local incentives for which you may be eligible.
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Purchasing your system directly can maximize your savings. Over time, your system can pay for itself through your utility bill savings (avg ROI is 7-9 years).