Solar costs, financing, & payment options.
We make going solar affordable by providing a variety of payment options. Lease, loan and power purchase agreements (PPAs)
Lease/PPA
With a lease or PPA, a third party pays for the installation and equipment. You pay for the power it creates. PPA and leasing options vary by state
Benefits:
- Lower your electric bill
- Zero up-front costs
- You don’t pay for installation
Payment:
- Lease: Set monthly payments for equipment
- PPA: Set monthly payments for power
System owner:
- Third party
Loan
A solar loan is similar to bank loans and mortgages, but often with lower interest rates and longer terms available. With this option, you benefit from owning your solar system while making manageable monthly payments.
Benefits:
- $0 down
- Generate your own solar power
- Pay nothing for the power you produce
- You may qualify for additional incentives
Payment:
- Monthly payments until loan is paid off
System owner:
- You own the system and the power it produces
Purchase
A solar loan is similar to bank loans and mortgages, but often with lower interest rates and longer terms available. With this option, you benefit from owning your solar system while making manageable monthly payments.
Benefits:
- Generate your own solar power
- Pay nothing for the power you produce
- Protection from utility rate hikes
- You may qualify for additional incentives
Payment:
- You pay the full system cost
System owner:
- You own the system and the power it produces