Solar Solutions for Residential and Commercial Properties

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Leasing has become the most popular plan to acquiring a solar panel and battery system for residential and commercial properties. The leasing program allows for property owners to acquire their tailored system with zero upfront cost and zero liability. The installer will be responsible for the system and its repairs/maintenance. You will receive a low rate per kW that is subject to a 3.5% increase per year over 25 years. You will not be eligible to claim the tax credits associated with the system, and you may become eligible to purchase the system after 6 years. 

Financing the system is a common form of acquiring a solar and battery system. We offer a variety of financing options. Financing allows property owners to pay a fixed monthly payment. The benefits of financing a system are an increase in property value, Federal Investment Tax Credit (30%), fixed monthly payment, lowest rate per kW, and ownership of your system. For businesses and nonprofits, there are further incentives such as a depreciable asset, a reduced overhead expense, an increased profit margin, a reduced cash outflows, an eco-friendly public image, and you may qualify for the additional Energy Community Bonus Tax Credit (10%).

Purchasing the system outright is available. There are significant benefits to purchasing a system such as an increase in property value, Federal Investment Tax Credit (30%), lowest rate per kW and complete ownership of your system. For businesses, there are further incentives such as a depreciable asset, a reduced overhead expense, an increased profit margin, reduced cash outflows, an eco-friendly public image, and you may qualify for the additional Energy Community Bonus Tax Credit (10%). 

The prepaid lease is a hybrid option of purchasing and leasing. The benefits of the prepaid lease is that there are no monthly payments, tax credit is built in price, 25-year warranty, and lowest price per kW. The property owner will not be eligible to claim the tax credits, but they will pay a lower amount for the system than purchasing/financing. Prepaid leases are popular because it allows the property owner to receive the lowest price while maintaining zero liability.