The main practical distinction between buying and leasing a solar pv system is in ownership.
Arizona solar panel lease.
If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.
Acquiring a solar panel system on lease comes with its own set of pros and cons.
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.
At the beginning you do not have to pay any money out of your pocket.
Leasing is a great payment method to get a solar power system if you don t have enough.
One other option offered by some arizona solar companies is a prepaid lease.
You don t have to hassle over repairs or maintenance.
Brightsave monthly tm our most popular plan can get you going with solar for as little to 0 down.
Home solar panels can be expensive costing anywhere between 18 000 and 29 000.
But they don t have to be.
If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.
We buy and maintain your panels you pay for solar electricity for your home.
Leasing solar panels in phoenix arizona.