How do you finance or lease solar panels and electricity for your home?
September 15, 2008
Considering solar power for your home during your residential remodel? Financing solar panels is the big hurdle for most us. Fortunately, the financing options for solar panels is becoming more obtainable.
Whether you are looking at solar panel suppliers and installers such as SolarCity, SunPower, and others, you now have options. For example, SolarCity offers a leasing program that is targeted at delivering you solar power at a monthly payment less than your exiting monthy electicity/power bill. With leasing options such as this, any repairs are typically covered, and at the end of the lease you can upgrade, purchase or return.
This timely LA Times article offers additional details and several homeowner examples of how solar panel lease and financing options have helped residents afford solar power for their homes: Solar Power Hits Home
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We are into the leasing business.We can provide the leasing of solar water at a subsidiesd rate of rs,400 per month for domestic users of 100 lpd capacity,For your requirement please contact the following for leasing of solar water heater or solar power plants
vasisht
09212056506
09818770179
09212701161
01165490012
01164613113
0112513887 (Fax)
tilakint@hotmail.com
We are into the leasing business.We can provide the leasing of solar water at a subsidised rate of rs,400 per month for domestic users of 100 lpd capacity,For your requirement please contact the following for leasing of solar water heater or solar power plants
vasisht
09212056506
09818770179
09212701161
01165490012
01164613113
0112513887 (Fax)
tilakint@hotmail.com
When you lease a solar system you don’t get the new 30% tax credit or the huge cash rebate or the valuable RECs(renewable energy credits) and all you’d be lucky to save is about $25.00 a month on a typical $250.00 electric bill after going through all the trouble of being locked into a lease for all those years. And after more than 10 to 15 years of lease payments you will own absolutely nothing. You’re far better off to buy a system using traditional financing. Not only will you get all of the financial incentives mentioned above but you’ll also own a system with a 30 to 40 year life expectancy that will put cash into your pocket every month for another 20 to 30 years after you’ve paid the system off. And that’s even considering the replacement of the inverter after 12 to 15 years. Lease a solar system…..I don’t think so ! Buying one makes alot more sense. Why do you think the leasing companies BUY solar systems, take all of the financial incentives for themselves then turn around and lease systems to homeowners.