solar finance

Where Can I Get a Solar Lease?

Solar leases are a new way to go solar, which as the name suggests allows you to lease rather than own a home solar power system. The map below shows the states where solar leases are currently offered. Click on a state to find out which leasing companies currently operate in that state.

Why is Solar Attracting Investors?

There is a popular saying in the in investing world, follow the money. If you follow the money lately you would find that some of it at least is flowing towards solar. This year alone we have seen PG&E create a $60 Million tax equity fund for SolarCity and then a $100 Million tax equity fund to finance solar installations through SunRun.

Solar Lease

A Solar Lease is a legal contract in which a homeowner leases solar photovoltaic panels from a provider. In this agreement the homeowner does not have to pay any upfront costs, just a flat monthly fee to lease the panels. A typical solar lease lasts anywhere between 15-25 years. Since the monthly cost of the lease does not change, the homeowner does not have to worry about inflating energy rates. At the end of the contract, homeowners may have the choice of renewing the contract, purchasing the system, or having the equipment removed.

Informative?