Why Finance?You can choose whether to own your solar system or lease it from a third party. Here's why ownership gets you the most bang for your buck.
You’re in control of the system
This includes costs and benefits. When you lease a system from a third party, they own the system and you pay a recurring fee to use the electricity.
By owning your system, you get to enjoy all the savings on your electric bill that would otherwise go to the solar company.
With a $0 down solar loan, you pay nothing upfront and make small payments over a fixed period of time.
Savings outweigh the loan payment
That’s easy money saved each month. And after your last loan payment, all the savings go straight to your wallet.
Loaning vs. LeasingFrom taking advantage of tax incentives to selling your home, here are the important differences between loaning and leasing your solar system.
|Increase Your Home value||x|
|easy to sell your home||x|
|claim federal tax credit||x|
|no repayment penalty||x|
|Low Minimum credit score||x|