Lease or Buy?
Many of our customers purchase their solar systems outright. Buying a solar system is an excellent investment. For those who still want to go solar and save on their monthly electric bills, but do not have the upfront funds to buy a system, solar leasing is a great alternative. Here's run-down of the pros and cons for each approach:
Why Lease?
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• $0 Down and low monthly payments equal instant savings.
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• You want the financial and environmental benefits of solar but don't want to pay the high upfront cost.
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• You don't want to worry about routine maintenance or monitoring of your solar home system.
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• You don't want to worry about having to insure or repair your solar home system.
Why Buy?
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• $1,000 deposit and an investment in your home.
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• You want to own your system and realize greater long-term savings.
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• You don't mind being responsible for your system's maintenance and repair.
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• You're willing to add a solar system to your homeowner's insurance policy.
Lease vs. Buy Comparison