Arizona Solar Panel Lease

Acquiring a solar panel system on lease comes with its own set of pros and cons.

Arizona solar panel lease.

You don t have to hassle over repairs or maintenance. Sunrun offers solar financing for arizona homeowners that makes solar power easy and affordable. At the beginning you do not have to pay any money out of your pocket. Leasing solar panels in phoenix arizona.

But they don t have to be. If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. The main practical distinction between buying and leasing a solar pv system is in ownership. We buy and maintain your panels you pay for solar electricity for your home.

Home solar panels can be expensive costing anywhere between 18 000 and 29 000. This arrangement typically results in the homeowner paying much less per kwh by paying the entire contract upfront sometimes as little as 50 of the amount per kwh you d pay over the course of 20 years of monthly payments. It s a new kind of home solar. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.

Arizona solar panels for little to 0 down with electricity prices headed in an upward trajectory each year it s time to explore some options. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.