Owning & Leasing

Click here to download our eBook outlining the differences between Owning and Leasing your solar electric system.

Obtaining Solar

  • You have the option to Lease or Own your solar electric system.
  • Owning: you can purchase the system with an upfront investment or finance it.
  • Leasing: you can lease with system with an upfront prepay option or lease it month after month.

Overall Savings

  • Depending on the method by which you acquire solar your overall monthly savings may vary significantly.
  • Likewise, your overall savings, or return on investment, will vary depending how you obtain solar.

Tax Credits & Incentives

  • Depending on whether you decide to lease or own your solar electric system, you may or may not be eligible for tax credits and solar incentives that reduce the overall cost of your system.

Property Value

  • Owning solar directly increases your property value from the day it becomes operational. Leasing the system will not have the same effect.

Selling Your Property

  • Owning or leasing your solar electric system will dramatically affect the sale of your property.

Maintenance & Monitoring

  • Whether you lease or own  your solar system, solar is very low maintenance and requires very little care during its several decade long life.
  • Monitoring is extremely important to ensure your system is operating properly. Understand the differences in monitoring depending on whether you lease or own your system.

End of Lease Obligations

  • Leasing your solar system means there are end of term obligations. Many installation companies will lead you to believe you’ll own the system at the end of the term but this is never the case. Be sure to understand the fine print of your contract.

Click here to download our eBook outlining the differences between Owning and Leasing your solar electric system.