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Install Elect Lease: edit PDF documents from anywhere

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Costs of Leasing Solar Panels: The average cost to lease solar panels ranges between $50-$250 per month. While some companies require a down payment, many allow you to get started on a lease program with a $0-down agreement.
Leasing a solar electric system for your home is not a good idea from a financial perspective. We simply do not recommend it. In most cases, you'll save much more money in the long run by exploring other financing options like an FHA Title 1 loan or a traditional loan from your personal bank.
People who lease their solar systems save far less than those who buy them outright or with a loan (they also miss out on federal tax benefits and any local incentives). Many leases contain an escalator clause that can further reduce savings by increasing payments 3 percent per year.
Leasing a solar electric system for your home is not a good idea from a financial perspective. We simply do not recommend it. In most cases, you'll save much more money in the long run by exploring other financing options like an FHA Title 1 loan or a traditional loan from your personal bank.
People who lease their solar systems save far less than those who buy them outright or with a loan (they also miss out on federal tax benefits and any local incentives). Many leases contain an escalator clause that can further reduce savings by increasing payments 3 percent per year.
We do not recommend solar leasing because: You do not get to claim tax incentives, including the 26% federal tax credit for going solar. Those belong to the leasing company. You'll get a much lower return on investment than you would if you chose to finance your system with a loan.
The first disadvantage of a solar lease is that usually they are very long term contracts. This means you are going to be tied to paying a monthly payment to the owner of the solar panels (the lessor) for 15-25 years. A solar lease can also create difficulties if you go to sell your property during this time.
Solar leases and Pas are generally for 20 to 25 years, at which point you can renew your agreement or purchase the system outright.
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