Should I lease or buy solar?
Should I lease or buy solar?
What is solar leasing and do you offer this service? A “solar lease” is when another company owns the solar energy equipment and you pay a monthly payment to lease it for a lease term (usually 10-15 years). Often, the lease payment escalates over time. These lease payments can be wholly or partially balanced by lower electric utility bills. A lease is not an “investment” as you do not have ownership of the solar assets. Leasing does not add value to your property and may actually be a hindrance when trying to sell your home. For these reasons, we do not offer solar leasing. For your convenience, we offer both traditional and PACE financing. Read more about our financing options here.Mauzy Knowledge