Under a solar lease the installer builds a system on your property and charges you a monthly fee to lease the equipment from them.
No upfront cost solar panels.
You ll save thousands over the life of the system compared to what you would have paid the utility for electricity.
Average lease costs are between 50 250 per month based on the size and overall production of your system.
The life of a loan is typically 10 15 years although some can be as long as 20 years.
You pay a flat monthly fee and get to use 100 of your system s production.
Like solar leases your rate is likely between 20 and 30 lower than utility electrical rates and it will usually increase by one to three percent per year depending on your agreement.
Leasing means low or no up front costs.
The panels and inverters we use have a warranty of 25 years and a life expectancy.
The reason this works for many homeowners is because that reduced rate is much more affordable than their current energy bill.
High installation costs keep many homeowners from buying and installing solar panels that they own.
Solar leases and ppas offer people a way to go solar with no up front cost.
Suncommon offers solar financing at no upfront cost and a low monthly payment.
Depending on your situation your loan payments will vary.
Affordable solar at no upfront cost we take pride in tearing down the barriers to make solar affordable for everyone.